Birch, MN is an affordable and increasingly popular small town located in the midwest. The cost of living in Birch is below the US average, with a two bedroom rent priced at $1,050 compared to the national US 2 Bedroom Rent of $1,430. The Grocery Cost Index in Birch is also more affordable than the US average, with 93 points versus 100 points in the US.
The local economy is thriving with top employers including Riverview Hospital-Medicine Lake, Polaris Industries Inc., BAE Systems Components Inc., and Recruiter Enterprises LLC. Residents of Birch enjoy easy access to local stores and amenities as well as recreational attractions like Silverwood Park. With its low cost of living and strong job market, Birch makes for an attractive place to live for working professionals looking for a quieter lifestyle.
Birch has an unemployment rate of 5.1%. The US average is 6.0%.
Birch has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Birch
- The Sales Tax Rate for Birch is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Birch 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 Birch
- The average income of a Birch resident is $20,405 a year. The US average is $28,555 a year.
- The Median household income of a Birch resident is $38,125 a year. The US average is $69,021 a year.