Crate, MN is an increasingly popular city for those looking to live in a suburban community. It offers residents lower costs of living with 2 bedroom rent prices being much lower than the national average at $810 compared to the US average of $1,430. The Grocery Cost Index in Crate is also significantly lower than the US average at 92 versus 100. With such lower costs of living, it's no surprise that more and more people are moving into the city each year. Crate has all the amenities necessary for modern-day living with many local businesses such as The Money House Company offering financial services, Kents Auto Repair offering auto repair services, and The Town Florist selling flowers. With its low cost of living and plenty of local businesses, Crate is an attractive place for those who want to move out of a big city yet still have access to some everyday services.
Crate has an unemployment rate of 4.4%. The US average is 6.0%.
Crate has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Crate
- The Sales Tax Rate for Crate is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Crate 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 Crate
- The average income of a Crate resident is $41,332 a year. The US average is $37,638 a year.
- The Median household income of a Crate resident is $101,786 a year. The US average is $69,021 a year.