Brookville, Minnesota is a small city with an estimated population of 1,443. It is situated in Wright County, near St. Paul and Minneapolis. The town offers its residents a low-cost living experience, with rental costs for two bedroom apartments being approximately $840 compared to $1,430 nationally. Additionally, the Grocery Cost Index in Brookville is 95 versus 100 in the US giving further financial benefits to its residents.
The city has numerous local companies providing employment opportunities for those who call it home; these include Mattingly Properties LLC., Brookville Paving & Excavating LLC., K&C Landscaping & Snowplowing LLC., and The Bluffs at Brookville Lake LLC. These businesses are integral to the local economy, providing essential services and goods to support the community.
In conclusion, Brookville has a low cost of living which appeals to many people - particularly those on lower incomes or retirees - as well as having local companies that contribute positively to its economy.
Brookville has an unemployment rate of 5.5%. The US average is 6.0%.
Brookville has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Brookville
- The Sales Tax Rate for Brookville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Brookville 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 Brookville
- The average income of a Brookville resident is $25,856 a year. The US average is $28,555 a year.
- The Median household income of a Brookville resident is $67,083 a year. The US average is $69,021 a year.