Barto, Minnesota is a small town with approximately 474 people. It offers a tranquil lifestyle for those seeking to get away from big cities. The 2 bedroom rent in Barto is significantly lower than the US average at $870 compared to $1,430. Similarly, the Grocery Cost Index in this city is 95 compared to 100 in the US, making it an affordable place to live. There are some local companies including Ted’s Butcher & Deli and Zumbro Valley Disposal Services that offer residents business opportunities.
The pros of living in Barto are its inexpensive cost of living and its safe and serene atmosphere. Additionally, with its small size, you will be able to make deep connections with your neighbors and build strong relationships within the community. On the other hand, some cons include limited job opportunities due to its small population size and lack of entertainment options as there are not many places to shop or dine out outside of restaurants like Ted’s Butcher & Deli.
Barto has an unemployment rate of 3.9%. The US average is 6.0%.
Barto has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Barto
- The Sales Tax Rate for Barto is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Barto 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 Barto
- The average income of a Barto resident is $29,747 a year. The US average is $28,555 a year.
- The Median household income of a Barto resident is $86,964 a year. The US average is $69,021 a year.