Mayer, MN is a small town located in the Midwest State of Minnesota. It has a population of around 3,000 people and is known for its charming atmosphere. Despite the town's size, Mayer offers a variety of amenities including affordable rent prices at $1,500 for two bedroom apartments. This is significantly lower than the U.S. average price of $1,430 for a two bedroom rental unit. In addition to rent prices being favorable, grocery costs are also relatively low with an index of 102 compared to 100 in the U.S. on average.
Businesses in Mayer include local favorites such as Red Fox Bakery & Café, The Country Butcher & Grill restaurant, and Mayer Supply Hardware Store. Rowland’s Auto Repair and Tire Center is another great local business that provides superior car repair services to residents and visitors alike.
Mayer has an unemployment rate of 3.7%. The US average is 6.0%.
Mayer has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Mayer
- The Sales Tax Rate for Mayer is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Mayer 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 Mayer
- The average income of a Mayer resident is $29,788 a year. The US average is $28,555 a year.
- The Median household income of a Mayer resident is $104,467 a year. The US average is $69,021 a year.