Union Grove, MN is a small town located near the Twin Cities area of Minnesota. Known for its affordable housing options, Union Grove offers two bedroom rental rates at an average of $900, which is significantly lower than the US average of $1430. Additionally, groceries are also cheaper in this area, with a grocery cost index of 97 compared to 100 in the US as a whole. Other advantages to living in Union Grove include access to excellent nearby schools and numerous local companies such as 3M and Medtronic that provide employment opportunities for residents. In addition to being close to larger cities, Union Grove provides easy access to outdoor recreational activities such as biking trails along the Mississippi River and Lake Pepin. All these features make Union Grove an attractive option for potential homeowners or renters looking for an affordable and enjoyable place to live.
Union Grove has an unemployment rate of 5.2%. The US average is 6.0%.
Union Grove has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Union Grove
- The Sales Tax Rate for Union Grove is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Union Grove 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 Union Grove
- The average income of a Union Grove resident is $29,195 a year. The US average is $28,555 a year.
- The Median household income of a Union Grove resident is $77,969 a year. The US average is $69,021 a year.