Buse, MN Economy


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Buse, MN is a small town located in Minnesota. It is home to a few local companies such as Buse Hardware Store and Buse Groceries. The cost of living in this area is very affordable compared to other parts of the United States. For example, the average rent for a two bedroom in Buse is only $850 per month, while the same rent in most other places costs around $1,430 per month. Additionally, the grocery cost index here is 96 compared to 100 in the US. This makes it easy for people to save money on their groceries and other necessary expenses when living in Buse.

Buse has an unemployment rate of 5.3%. The US average is 6.0%.

Buse has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Buse
- The Sales Tax Rate for Buse is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Buse 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 Buse
- The average income of a Buse resident is $32,334 a year. The US average is $37,638 a year.
- The Median household income of a Buse resident is $81,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuse, 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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