Browns Valley, MN is a small, rural town located in Traverse County. This area is known for its peaceful atmosphere and excellent recreational activities, making it a popular destination for outdoor enthusiasts. The estimated population in 2019 was 1,371 people. In terms of local businesses, there are many restaurants, stores and service providers including Tibbetts Family Dining, Cenex Zip Trip and Browns Valley Feed & Grain. Additionally, the cost of living is quite low compared to other US cities; the median 2 bedroom rent price is $760 compared to the US average of $1,430 and the grocery cost index is 91 versus 100 in the US.
Browns Valley has an unemployment rate of 5.0%. The US average is 6.0%.
Browns Valley has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Browns Valley
- The Sales Tax Rate for Browns Valley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Browns Valley 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 Browns Valley
- The average income of a Browns Valley resident is $20,749 a year. The US average is $37,638 a year.
- The Median household income of a Browns Valley resident is $41,759 a year. The US average is $69,021 a year.