Sunfish Lake, MN is an ideal place to live for anyone looking for a small-town atmosphere close to the city. The cost of living is quite reasonable with two-bedroom rent costing $1,430 per month, which is similar to the US monthly rent average. There are several local businesses in Sunfish Lake including Sunfish Lake Hardware, Sunfish Lake Bookstore, and Little Tomato Cafe. According to 2019 statistics from the census bureau, the median income in Sunfish Lake was $102,000 and the grocery cost index was 101 compared to 100 in the US.
Sunfish Lake has an unemployment rate of 4.1%. The US average is 6.0%.
Sunfish Lake has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Sunfish Lake
- The Sales Tax Rate for Sunfish Lake is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Sunfish 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 Sunfish Lake
- The average income of a Sunfish Lake resident is $107,075 a year. The US average is $28,555 a year.
- The Median household income of a Sunfish Lake resident is $246,250 a year. The US average is $69,021 a year.