Comstock, MN is a small town with a population of about 2,000 people located in the Southeastern part of the state. The town offers its residents an affordable cost of living relative to the US average. For example, two bedroom rent in Comstock is $910 compared to the US average of $1,430, and grocery costs are 94 compared to 100 for the US overall. Popular local companies include Comstock Manufacturing Co., which specializes in high-quality precision machined parts; Cooks Appliance Repair; and Firestone Farms & Produce Co., which sells local produce and other products directly from farmers. Overall, Comstock provides residents with a laid back lifestyle while still offering locals a low cost of living that can't be found elsewhere.
Comstock has an unemployment rate of 3.8%. The US average is 6.0%.
Comstock has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Comstock
- The Sales Tax Rate for Comstock is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Comstock 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 Comstock
- The average income of a Comstock resident is $31,040 a year. The US average is $28,555 a year.
- The Median household income of a Comstock resident is $98,750 a year. The US average is $69,021 a year.