Owens, MN is a small town with plenty of charm. It is located in Fillmore County, Minnesota and is home to a variety of businesses. The cost of living in Owens is quite low and affordable for many people. The average 2 bedroom rent is $970 compared to the US average of $1,430 which makes it an attractive option for those on a budget. Additionally, grocery costs are 96 compared to the national average of 100 making it even more economical. Some local businesses include Anderssons Grocery Market, Boondocks Bar & Grill, and Gieseke's Automotive LLC. All in all, Owens offers great economic benefits for people looking for an affordable place to live.
Owens has an unemployment rate of 4.8%. The US average is 6.0%.
Owens has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Owens
- The Sales Tax Rate for Owens is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Owens 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 Owens
- The average income of a Owens resident is $23,461 a year. The US average is $28,555 a year.
- The Median household income of a Owens resident is $55,625 a year. The US average is $69,021 a year.