Pike Bay, MN is a small suburb located in the state of Minnesota. It is known for its friendly neighborhoods and close proximity to major metropolitan areas. The 2 bedroom rent in Pike Bay is much lower than the US average at $890 per month. Furthermore, the grocery cost index in Pike Bay is 94 versus 100 in the US. Local businesses include Maple Leaf Market, Sadie’s Pizza and Sweet Treats Bakery. These businesses offer quality products and services that provide the local community with a great place to shop and eat.
Pike Bay has an unemployment rate of 8.4%. The US average is 6.0%.
Pike Bay has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Pike Bay
- The Sales Tax Rate for Pike Bay is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pike Bay 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 Pike Bay
- The average income of a Pike Bay resident is $15,835 a year. The US average is $28,555 a year.
- The Median household income of a Pike Bay resident is $54,522 a year. The US average is $69,021 a year.