Trail, MN is a small town with an estimated population of 590 and is located in the southwestern region of Minnesota. The cost of living in this small town is very affordable, with 2 bedroom rent standing at $840 compared to the US average of $1,430. Additionally, grocery costs are also relatively low with a grocery cost index score of 95 versus 100 in the US. This charming rural community offers many local amenities such as Big Sky Resort which is a popular destination for outdoor activities such as skiing, hiking and mountain biking, Trail River Golf Course and outdoor tennis courts. Local businesses include Trail Auto Parts, Trail Diner & Bar and Stephens Pharmacy.
Trail has an unemployment rate of 4.9%. The US average is 6.0%.
Trail has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Trail
- The Sales Tax Rate for Trail is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Trail 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 Trail
- The average income of a Trail resident is $13,872 a year. The US average is $28,555 a year.
- The Median household income of a Trail resident is $29,375 a year. The US average is $69,021 a year.