Biscay, MN Economy


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Biscay, MN is a small town located in the United States. It offers residents an affordable living option with an average two-bedroom rental costing only $870 compared to the US average of $1,430. The grocery cost index is also low at 97 versus 100 nationally. Local companies include Biscay Grocery Store, Biscay Bank and Round Town Pizza. There are plenty of attractions in Biscay to keep you occupied such as the Memorial Park and walking trail, where visitors can take in beautiful natural scenery and enjoy outdoor activities like fishing or boating on nearby lakes. Another great attraction is the Biscay Historical Museum, which features a variety of artifacts that trace back to the town's early days as a farming community.

Biscay has an unemployment rate of 5.1%. The US average is 6.0%.

Biscay has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Biscay
- The Sales Tax Rate for Biscay is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Biscay 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 Biscay
- The average income of a Biscay resident is $27,772 a year. The US average is $28,555 a year.
- The Median household income of a Biscay resident is $97,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBiscay, MinnesotaUnited States
  5.16
  -2.5%-6.2%
  19.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $41,087$37,638
  $97,250$69,021
Family Median Income 85028
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