Mabel, MN is a small town located in Minnesota with a population of approximately 852 people. It is known for its rural vibe and friendly atmosphere. Despite its size, Mabel offers many amenities such as two local grocery stores - the Mabel Country Store and Mabel Market - plus a few restaurants, cafes and bars. The cost of living in Mabel is very affordable; 2 bedroom rent for $950 and the Grocery Cost Index is 95 compared to 100 in the US. This makes it an attractive destination for those looking to save money while still having access to quality services.
Mabel has an unemployment rate of 4.7%. The US average is 6.0%.
Mabel has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Mabel
- The Sales Tax Rate for Mabel is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Mabel is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mabel
- The average income of a Mabel resident is $25,427 a year. The US average is $28,555 a year.
- The Median household income of a Mabel resident is $62,946 a year. The US average is $69,021 a year.