Skyline, MN is a small town located in the Midwest that offers a relatively low cost of living compared to the national average. The median two bedroom rent in Skyline is $1,140 compared to the US median of $1,430, making it an attractive option for those looking for more affordable housing options. Additionally, the grocery cost index in Skyline is 99 versus 100 in the US, meaning groceries are more affordable here than in many other places. Local companies and attractions like Land O' Lakes Creamery and Mall of America make Skyline an ideal destination for those wanting to experience small-town life without sacrificing nearby city amenities.
Skyline has an unemployment rate of 3.9%. The US average is 6.0%.
Skyline has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.
Tax Rates for Skyline
- The Sales Tax Rate for Skyline is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Skyline 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 Skyline
- The average income of a Skyline resident is $37,499 a year. The US average is $28,555 a year.
- The Median household income of a Skyline resident is $83,250 a year. The US average is $69,021 a year.