Castle Rock, MN is a small town located in Goodhue County. It's known for its beautiful nature trails and parks with stunning views of the Mississippi River. Local companies such as Castle Rock Bakery, The Feed Mill Cafe, and Main Street Pizza are popular in the area. In terms of housing affordability, 2 bedroom rent is slightly lower than the US average at $1,420 compared to $1,430. Groceries are also more affordable in Castle Rock due to its cost index of 102 versus 100 in the US. In addition to low rent prices, many residents find Castle Rock to be a great place to live due to its close proximity to larger cities like Minneapolis and St Paul.
Castle Rock has an unemployment rate of 4.1%. The US average is 6.0%.
Castle Rock has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Castle Rock
- The Sales Tax Rate for Castle Rock is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Castle Rock 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 Castle Rock
- The average income of a Castle Rock resident is $39,066 a year. The US average is $37,638 a year.
- The Median household income of a Castle Rock resident is $92,143 a year. The US average is $69,021 a year.