Baker, Minnesota is a small town located in the Midwest of the United States. Despite its size, it has plenty of amenities for its residents to enjoy. It’s a great place to live in if you are looking for an affordable life - 2 bedroom rent is just $840 which is far less than the US average of $1,430. Grocery costs are also very low; according to the Grocery Cost Index Baker, MN is 99 which is lower than the national average of 100. \nThe town has many local businesses such as City Electric Supply Co., Fresh Start Bakery & Coffee House, Motorsports Electronics Inc., and Wehr Steel Company which offer jobs and opportunities to locals.
In conclusion, Baker, MN might be small but it offers plenty of advantages like affordable living and low grocery costs that make it a great place to live and work in. The fact that it has local companies offering job opportunities to locals makes it even more attractive.
Baker CDP (Clay County) has an unemployment rate of 3.8%. The US average is 6.0%.
Baker CDP (Clay County) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Baker CDP (Clay County)
- The Sales Tax Rate for Baker CDP (Clay County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Baker CDP (Clay County) 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 Baker CDP (Clay County)
- The average income of a Baker CDP (Clay County) resident is $37,300 a year. The US average is $37,638 a year.
- The Median household income of a Baker CDP (Clay County) resident is $61,250 a year. The US average is $69,021 a year.