West Heron Lake, MN is a great place to live, with an affordable cost of living. The 2 bedroom rental rate is around $840 a month, much lower than the national average of $1,430. This makes it ideal for families looking to save on housing costs. Grocery costs are also low with a grocery cost index of 93 compared to the US index of 100. West Heron Lake is home to many businesses like Lou's Hardware Store, West Heron Inn and Spa, and the Farmer's Market Cafe. These businesses provide employment opportunities and help create a vibrant community atmosphere in the area. With its excellent quality of life and affordability, West Heron Lake is a great place to settle down.
West Heron Lake has an unemployment rate of 4.3%. The US average is 6.0%.
West Heron Lake has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 6.7%, which is lower than the US average of 33.5%.
Tax Rates for West Heron Lake
- The Sales Tax Rate for West Heron Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for West Heron 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 West Heron Lake
- The average income of a West Heron Lake resident is $35,287 a year. The US average is $28,555 a year.
- The Median household income of a West Heron Lake resident is $106,250 a year. The US average is $69,021 a year.