McDonaldsville, MN is a small town that offers residents affordable living at $810 per month for a two-bedroom rental. With the Grocery Cost Index being 93, the cost of groceries in McDonaldsville is lower than the US average. Local companies that provide services to the community include McDonalsville Hardware Store which provides hardware supplies such as paint, tools, and more; Barrington Funeral Home which offers funeral planning services; and The Hair Salon which offers hair care needs. These local companies are dedicated to providing quality service to their customers at an excellent value.
McDonaldsville has an unemployment rate of 5.7%. The US average is 6.0%.
McDonaldsville has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for McDonaldsville
- The Sales Tax Rate for McDonaldsville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for McDonaldsville 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 McDonaldsville
- The average income of a McDonaldsville resident is $25,177 a year. The US average is $28,555 a year.
- The Median household income of a McDonaldsville resident is $84,583 a year. The US average is $69,021 a year.