Agassiz, MN is a small rural city in Minnesota with a comfortable cost of living. The average 2 bedroom rent price is $780, which is much lower than the national average of $1,430. The grocery cost index in Agassiz is also lower than the national average at 93 compared to 100. There are a number of local businesses that help make up the economy like WLF Farms, Johnson Heating & Air Conditioning, and Benson Petroleum. As you can see, Agassiz offers citizens an affordable cost of living when compared to other places around the country.
Agassiz has an unemployment rate of 4.5%. The US average is 6.0%.
Agassiz has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Agassiz
- The Sales Tax Rate for Agassiz is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Agassiz 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 Agassiz
- The average income of a Agassiz resident is $25,201 a year. The US average is $28,555 a year.
- The Median household income of a Agassiz resident is $73,125 a year. The US average is $69,021 a year.