Rose Hill, MN is a small town located in southern Minnesota. It has a population of just over 1,100 people. The cost of living in Rose Hill is much lower than the national average. Rent for a 2 bedroom apartment is only $840 and the Grocery Cost Index is 93 versus 100 in the US. This makes it an attractive place for those looking to live an affordable lifestyle. In terms of local businesses, Rose Hill boasts several family owned restaurants, such as Rose Pies & Pastries and Pappy's Diner, as well as smaller retail shops like Rose Hill Floral and Pine Creek Vintage. All these places contribute to the quaint atmosphere of this small town that makes it so desirable. Rose Hill may be small, but it's big on charm!
Rose Hill has an unemployment rate of 4.1%. The US average is 6.0%.
Rose Hill has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Rose Hill
- The Sales Tax Rate for Rose Hill is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Rose Hill 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 Rose Hill
- The average income of a Rose Hill resident is $27,887 a year. The US average is $28,555 a year.
- The Median household income of a Rose Hill resident is $78,750 a year. The US average is $69,021 a year.