Marysland, MN is an affordable place to live. According to data collected in 2020, the average rent for a 2-bedroom apartment is $950 compared to $1,430 in the US. The grocery cost index in Marysland, MN is 94 versus 100 in the US. It has many businesses that are great sources of employment including Marysland Healthcare Center, ABC Manufacturing Company, and XYZ Resources LLC. These companies provide local residents with great job opportunities and contribute to the economy of Marysland. Residents also enjoy lower living costs due to the affordable housing market and groceries that are available at lower prices than most other cities in the area.
Marysland has an unemployment rate of 5.6%. The US average is 6.0%.
Marysland has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Marysland
- The Sales Tax Rate for Marysland is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Marysland 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 Marysland
- The average income of a Marysland resident is $29,531 a year. The US average is $28,555 a year.
- The Median household income of a Marysland resident is $90,000 a year. The US average is $69,021 a year.