Brandsvold, MN is a small town located in the greater Minneapolis area. It offers its residents an affordable cost of living while still maintaining a great quality of life. The average 2 bedroom rent price is $860 compared to the US average of $1,430, making it a great place for young families looking to save money. Additionally, the Grocery Cost Index in Brandsvold is 96 versus 100 in the US, further demonstrating how cost effective it is to live in Brandsvold. \nThe town has many local amenities including stores like the Brand Store and The Copper Mill where locals can purchase items from groceries to clothing. Furthermore, there are various parks and outdoor activities for people to enjoy in their free time. In other words, Brandsvold is a wonderful place for those looking for an affordable and pleasant lifestyle without sacrificing quality or convenience.
Brandsvold has an unemployment rate of 4.9%. The US average is 6.0%.
Brandsvold has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Brandsvold
- The Sales Tax Rate for Brandsvold is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Brandsvold 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 Brandsvold
- The average income of a Brandsvold resident is $30,500 a year. The US average is $28,555 a year.
- The Median household income of a Brandsvold resident is $51,607 a year. The US average is $69,021 a year.