Bullard, MN Economy


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United States / Minnesota / No Metro Area / Wadena County / Bullard / Zip Codes
Bullard, MN is a small city located in the state of Minnesota. The cost of living is relatively low with the 2 bedroom rent being only $840 compared to $1,430 across the US. Additionally, the Grocery Cost Index in Bullard is 94, lower than that of the US which sits at 100. Local companies include Bullard Electric and M&S Printing Services. Both are family owned businesses that have been part of the community for over three decades.

Bullard has an unemployment rate of 6.9%. The US average is 6.0%.

Bullard has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 4.3%, which is lower than the US average of 33.5%.

Tax Rates for Bullard
- The Sales Tax Rate for Bullard is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Bullard 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 Bullard
- The average income of a Bullard resident is $32,863 a year. The US average is $37,638 a year.
- The Median household income of a Bullard resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBullard, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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