Pine Point, MN is a great place to live! It has affordable rent of $840 for two bedroom homes, making it an attractive option for renters. Plus, the cost of groceries in Pine Point is 97 on the index versus 100 in the US. There are many local businesses in Pine Point including shops, restaurants, and professional services. Residents can enjoy a variety of leisure activities such as visiting nearby parks and lakes, attending community events like the annual Street Fair, or participating in recreational sports at one of the local gyms and clubs. With so much to offer in an affordable location, Pine Point is truly a wonderful place to call home.
Pine Point has an unemployment rate of 5.3%. The US average is 6.0%.
Pine Point has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Pine Point
- The Sales Tax Rate for Pine Point is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pine Point 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 Pine Point
- The average income of a Pine Point resident is $7,432 a year. The US average is $28,555 a year.
- The Median household income of a Pine Point resident is $37,500 a year. The US average is $69,021 a year.