Cordova, MN is a family-friendly city with plenty of activities and services to enjoy. The average rent for two bedroom apartments is $960, which is significantly lower than the national average of $1,430. The local grocery cost index in Cordova is 98 versus 100 in the US, indicating that great savings can be found when shopping for groceries in Cordova. Local companies and services include All City Auto Repair, K & S Electric Co., Core Power Yoga, and many more. Residents can also take advantage of the educational opportunities at both Anoka Ramsey Community College and North Hennepin Community College, which are located nearby. Overall, Cordova offers an affordable lifestyle full of fun activities and valuable amenities.
Cordova has an unemployment rate of 6.8%. The US average is 6.0%.
Cordova has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Cordova
- The Sales Tax Rate for Cordova is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cordova 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 Cordova
- The average income of a Cordova resident is $37,538 a year. The US average is $37,638 a year.
- The Median household income of a Cordova resident is $88,897 a year. The US average is $69,021 a year.