Two Rivers, MN is a small town located in Minnesota with a population of approximately 950 people. It is known for its affordable cost of living and convenient amenities. The average two-bedroom rent in Two Rivers costs only $900 compared to the US average of $1,430. The grocery cost index in Two Rivers is also lower than the national average, making it an ideal place for those who want to save money on everyday expenses. The city’s local companies include Riverview Restaurant, Two Rivers Auto Repair, and Two Rivers Country Store. All of these provide essential services to residents. With low rent prices and an affordable cost of living in comparison to other towns around the US, Two Rivers is a great place to call home.
Two Rivers has an unemployment rate of 7.1%. The US average is 6.0%.
Two Rivers has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Two Rivers
- The Sales Tax Rate for Two Rivers is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Two Rivers 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 Two Rivers
- The average income of a Two Rivers resident is $26,605 a year. The US average is $28,555 a year.
- The Median household income of a Two Rivers resident is $80,938 a year. The US average is $69,021 a year.