White Bear, MN is a wonderful place to live that offers plenty of amenities for residents. It's home to several major businesses, such as 3M and Target Corporation, providing economic opportunities for those who live in the area. Apart from its thriving business sector, White Bear also provides plenty of recreational activities for visitors and residents alike. From its charming downtown with numerous restaurants and shops to its beautiful parks and lakes, there's no shortage of things to do in White Bear. Additionally, rent prices are relatively low compared with other places around the nation at $1,420 for a two bedroom apartment per month. Grocery costs are also lower than the national average at 101 versus 100 in the US. All these factors make it an ideal place to live or visit.
White Bear has an unemployment rate of 4.5%. The US average is 6.0%.
White Bear has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for White Bear
- The Sales Tax Rate for White Bear is 7.9%. The US average is 7.3%.
- The Income Tax Rate for White Bear 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 White Bear
- The average income of a White Bear resident is $41,753 a year. The US average is $28,555 a year.
- The Median household income of a White Bear resident is $111,138 a year. The US average is $69,021 a year.