Rhinehart, MN is a small town located in Minnesota that offers an affordable cost of living. The average 2 bedroom rent is just $810, while the US average for 2 bedroom rent is $1,430. Furthermore, the Grocery Cost Index in Rhinehart is 100 which is the same as the US average. This suggests that Rhinehart has an inexpensive cost of living compared to other places in the US. \nLocal companies that offer services to the town include Rhinehart Dental Care for dental needs and Miller Landscaping for landscaping needs. There are also many small businesses and restaurants that help keep the economy alive such as The Bait House and The Grill for delicious meals and snacks or Wagner's Hardware Store for any DIY projects needed around town. All these businesses provide quality services at reasonable prices to their local customers. \nOverall, Rhinehart offers a low cost of living with access to plenty of local businesses and amenities.
Rhinehart has an unemployment rate of 4.9%. The US average is 6.0%.
Rhinehart has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Rhinehart
- The Sales Tax Rate for Rhinehart is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Rhinehart 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 Rhinehart
- The average income of a Rhinehart resident is $34,655 a year. The US average is $28,555 a year.
- The Median household income of a Rhinehart resident is $101,667 a year. The US average is $69,021 a year.