Cook, MN Economy


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Cook, MN is an area that offers a variety of living options for residents. 2 bedroom rent in the area is typically $970, which is much lower than the US average at $1,430. It also has a lower grocery cost index compared to the US with a score of 96 compared to 100 in the US. This makes it an ideal place for those looking to save money on their living expenses. \nCook, MN is home to several local businesses such as Cook Recreation Center, Cook Public Library, and Marvin Windows and Doors. All of these companies provide opportunities for employment as well as amenities for local residents to enjoy. \nOverall, Cook, MN is an excellent option for anyone looking for an affordable place to live with plenty of local businesses available. The low rent prices and grocery cost index make it even more attractive to those wanting to keep their living costs low while still having access to quality resources in their community.

Cook has an unemployment rate of 4.8%. The US average is 6.0%.

Cook has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Cook
- The Sales Tax Rate for Cook is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Cook 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 Cook
- The average income of a Cook resident is $22,237 a year. The US average is $28,555 a year.
- The Median household income of a Cook resident is $45,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCook, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,750$37,638
  $45,625$69,021
  $90,469$85,028
  Population by Occupation
  0.0%1.2%
  3.2%0.5%
  8.1%6.8%
  5.4%10.0%
  0.0%2.5%
  21.7%11.0%
  0.9%4.8%
  1.4%0.8%
  2.3%1.9%
  8.1%4.7%
  0.5%1.9%
  4.1%7.6%
  0.5%0.1%
  0.9%4.2%
  5.0%9.3%
  18.1%14.0%
  5.4%2.1%
  5.4%7.0%
  4.1%4.8%
  5.0%4.7%
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