Maynard, MN is a small town located in the United States. It is known for its affordability and quality of life. The rental cost for a two-bedroom apartment in Maynard, MN is $830, which is much lower than the national average of $1,430. Additionally, the grocery cost index in Maynard, MN is 91 versus 100 in the US. This means that groceries are more affordable in Maynard than anywhere else. With this affordability come several local companies and stores including Big Bobs Department Store, Ace Hardware Store, and JB's Grocery Store. All three of these businesses offer great products at an affordable price. They also provide employment opportunities to many people living in the area.
Maynard has an unemployment rate of 4.4%. The US average is 6.0%.
Maynard has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Maynard
- The Sales Tax Rate for Maynard is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Maynard 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 Maynard
- The average income of a Maynard resident is $20,095 a year. The US average is $28,555 a year.
- The Median household income of a Maynard resident is $35,000 a year. The US average is $69,021 a year.