Squaw Lake, MN is a small town located in the north woods of Minnesota. It is known for its stunning natural beauty and abundance of outdoor activities. The median 2 bedroom rent in Squaw Lake is $940, significantly lower than the US average median which is $1,430. It also has a lower Grocery Cost Index than the US. This makes it an attractive option for people looking to move to a more affordable area with great scenery and plenty to do. Local companies in town include Northern Logging Supplies, Daves Tree Service and Northwoods Vacation Rentals.
Squaw Lake has an unemployment rate of 6.2%. The US average is 6.0%.
Squaw Lake has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Squaw Lake
- The Sales Tax Rate for Squaw Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Squaw Lake 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 Squaw Lake
- The average income of a Squaw Lake resident is $32,507 a year. The US average is $28,555 a year.
- The Median household income of a Squaw Lake resident is $38,750 a year. The US average is $69,021 a year.