Ann Lake, MN is a small town located in the midwestern United States. It is known for its natural beauty and small-town charm. Many people choose to live in Ann Lake because it is a peaceful place to raise a family, with good employment opportunities and a low cost of living. The average rent for a two bedroom apartment in Ann Lake is $1,130, lower than the national average of $1,430. Additionally, grocery costs in Ann Lake are 97 compared to 100 nationally.
Living in Ann Lake offers residents access to numerous local businesses such as Hanson Grocery Store, Schneeberg Bakery & Cafe, and Cedar Valley Farm Supply. There are also many nearby outdoor activities including skiing, camping, fishing, and hunting. With its low cost of living and an abundance of services and activities available to residents, Ann Lake is a great place to call home.
Ann Lake has an unemployment rate of 8.8%. The US average is 6.0%.
Ann Lake has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Ann Lake
- The Sales Tax Rate for Ann Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ann 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 Ann Lake
- The average income of a Ann Lake resident is $23,672 a year. The US average is $28,555 a year.
- The Median household income of a Ann Lake resident is $42,500 a year. The US average is $69,021 a year.