Swedes Forest, MN is a small town located in the United States, with a population of approximately 10,000 people. The cost of living is quite affordable compared to other areas of the country; 2 bedroom rent in Swedes Forest is $830, while the US average for a 2 bedroom rent is $1,430. Additionally, local grocery costs are also comparatively lower; the Grocery Cost Index in Swedes Forest is 93 versus 100 in the US.
The town features numerous businesses that cater to its residents’ needs, such as Midas Auto Service Experts and Swedes Forest Dental. Residents can also enjoy local attractions like nearby golf courses and lakeside parks without spending too much money. All in all, Swedes Forest makes for an ideal place to live for anyone looking for an affordable and safe environment.
Swedes Forest has an unemployment rate of 5.5%. The US average is 6.0%.
Swedes Forest has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Swedes Forest
- The Sales Tax Rate for Swedes Forest is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Swedes Forest 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 Swedes Forest
- The average income of a Swedes Forest resident is $25,796 a year. The US average is $28,555 a year.
- The Median household income of a Swedes Forest resident is $74,821 a year. The US average is $69,021 a year.