Moose River, MN is a small town located in the northern part of Minnesota. The cost of living in this area is relatively low with the average 2 bedroom rent being $770 dollars compared to the national average of $1,430. This makes it easier to find an affordable place to live for many people. In addition, the Grocery Cost Index in Moose River is 94 compared to 100 in the US meaning groceries are also cheaper here than in most parts of America. Some local businesses that operate within this small town are Nesting Cedar Bakery, Rainbow Cafe & Coffee House and Hot Stuff Pizza Parlor. These companies all offer residents unique products and services that help contribute to a vibrant local economy. Overall, Moose River provides its residents with a high quality of life thanks to its low cost of living combined with a wide range of local amenities that make it unique from other areas across America.
Moose River has an unemployment rate of 6.6%. The US average is 6.0%.
Moose River has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Moose River
- The Sales Tax Rate for Moose River is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Moose River 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 Moose River
- The average income of a Moose River resident is $19,654 a year. The US average is $28,555 a year.
- The Median household income of a Moose River resident is $108,500 a year. The US average is $69,021 a year.