Bearville, MN is an affordable city to live in, with 2 bedroom rent averaging $880. This is far lower than the US average rent of $1,430 for similar size dwelling. Grocery costs in Bearville are also on par with the national average. This makes it an ideal spot for those looking to save money on monthly expenses. The city is home to notable companies such as Bearville Bank, Bearville Electric Company and the Bearville Tax Services Agency. All combined, these advantages make Bearville a great place to live at an affordable cost.
Bearville has an unemployment rate of 6.2%. The US average is 6.0%.
Bearville has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Bearville
- The Sales Tax Rate for Bearville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bearville 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 Bearville
- The average income of a Bearville resident is $25,858 a year. The US average is $28,555 a year.
- The Median household income of a Bearville resident is $55,833 a year. The US average is $69,021 a year.