Rice River, MN is a small city located in Minnesota. The average rent for a two bedroom apartment is $850, which is significantly lower than the national average of $1,430. The grocery cost index in Rice River is also 97 compared to the US average of 100. Apart from being an affordable place to live, Rice River offers plenty of amenities and attractions. Some notable employers include John Deere and Jacobson Tractor Parts Inc. People looking for some leisure activities can head over to Crow Wing State Park or Paul Bunyan Trail for outdoor recreation. If shopping is more up your alley then you could visit Mills Fleet Farm or Walmart Supercenter located nearby. In conclusion, Rice River is an ideal spot if you're looking for a peaceful and budget-friendly lifestyle.
Rice River has an unemployment rate of 7.1%. The US average is 6.0%.
Rice River has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Rice River
- The Sales Tax Rate for Rice River is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Rice 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 Rice River
- The average income of a Rice River resident is $16,613 a year. The US average is $28,555 a year.
- The Median household income of a Rice River resident is $60,833 a year. The US average is $69,021 a year.