Crane Lake, MN is a small town located in the northern part of Minnesota. The population of Crane Lake is quite small, but it offers plenty of amenities and activities for residents. Two bedroom rents in Crane Lake are relatively inexpensive at $980 per month which is much lower than the US average of $1,430. Additionally, groceries are also more affordable in Crane Lake with a grocery cost index of 105 versus 100 in the US. There are several local businesses that serve the community such as Crane Lake Resort, Angle Outpost and Voyagaire Lodge - all popular destinations for tourists visiting the area. With its low rent costs and accessible amenities, Crane Lake is an ideal place to live or visit.
Crane Lake has an unemployment rate of 4.8%. The US average is 6.0%.
Crane Lake has seen the job market decrease by -4.0% 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 Crane Lake
- The Sales Tax Rate for Crane Lake is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Crane Lake 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 Crane Lake
- The average income of a Crane Lake resident is $33,345 a year. The US average is $37,638 a year.
- The Median household income of a Crane Lake resident is $60,000 a year. The US average is $69,021 a year.