Breckenridge, MN is an inviting small town community located in Wilkin County. It's a great place to live with a number of local businesses that give it its own unique character. Examples include Breckenridge Hardware Store, Breckenridge Veterinary Clinic, and Kim’s Bar & Grill. The cost of living is more affordable than the US average; 2 bedroom rent in Breckenridge is $840 compared to $1,430 in the US on average. Additionally, the Grocery Cost Index in Breckenridge is 95 compared to 100 in the US. Overall, Breckenridge offers an attractive lifestyle at a much lower cost than many other places across the United States.
Breckenridge has an unemployment rate of 4.1%. The US average is 6.0%.
Breckenridge has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Breckenridge
- The Sales Tax Rate for Breckenridge is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Breckenridge 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 Breckenridge
- The average income of a Breckenridge resident is $32,116 a year. The US average is $37,638 a year.
- The Median household income of a Breckenridge resident is $44,885 a year. The US average is $69,021 a year.