Alango, MN is a small town located in Northern Minnesota. The cost of living is relatively low compared to other areas with the average rent for a two bedroom coming in at $850 per month. Grocery items are also much less expensive as the Grocery Cost Index in Alango is 93, compared to 100 in the US. In addition to lower living costs, there are plenty of local companies to choose from such as Northern Valley Bank, Super 8 Motel, PMI Trucking Inc., and Klimeks Logging and Trucking. Residents of Alango enjoy access to great shopping opportunities and a wide range of services that can be found right in town.
Alango has an unemployment rate of 4.8%. The US average is 6.0%.
Alango has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Alango
- The Sales Tax Rate for Alango is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Alango 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 Alango
- The average income of a Alango resident is $29,574 a year. The US average is $28,555 a year.
- The Median household income of a Alango resident is $61,250 a year. The US average is $69,021 a year.