Bayport, MN is a small city located in Washington County. It has a population of about 5,000 people and offers many conveniences and amenities to its residents. Local companies across various industries provide employment opportunities for both new and experienced professionals. The cost of living in Bayport is affordable compared to other cities; the average 2 bedroom rent is $1,230 while the US average is $1,430. Additionally, Bayport's Grocery Cost Index is 101 compared to 100 in the US on average. This makes it an attractive place to live for those looking for a more affordable lifestyle without compromising quality of life or job opportunities.
Bayport has an unemployment rate of 3.9%. The US average is 6.0%.
Bayport 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 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Bayport
- The Sales Tax Rate for Bayport is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Bayport 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 Bayport
- The average income of a Bayport resident is $25,752 a year. The US average is $28,555 a year.
- The Median household income of a Bayport resident is $92,292 a year. The US average is $69,021 a year.