Apple Valley, MN is a great place to live for those looking for a quiet community with plenty of amenities. The cost of living is relatively low compared to the rest of the US, as evidenced by the 2-bedroom rent at just $1,670 per month – well below the national average of $1,430. Grocery costs are also slightly higher than average at 102 versus 100 in the US. Companies located in Apple Valley include Medtronic, North Memorial Health Care, Supervalu Inc., and Schwan's Home Delivery Services. With many local attractions and beautiful nature areas nearby, Apple Valley is an excellent place to call home.
Apple Valley has an unemployment rate of 3.6%. The US average is 6.0%.
Apple Valley 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 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Apple Valley
- The Sales Tax Rate for Apple Valley is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Apple Valley 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 Apple Valley
- The average income of a Apple Valley resident is $38,444 a year. The US average is $28,555 a year.
- The Median household income of a Apple Valley resident is $91,936 a year. The US average is $69,021 a year.