Decoria, MN is a great place to live with a cozy atmosphere and friendly locals. It has a unique charm that makes it stand out from other cities and towns in the area. The cost of living is relatively low compared to other places in the US, with 2 bedroom rent being $1,100 versus $1,430 across the country on average. Additionally, the Grocery Cost Index in Decoria is 99 compared to 100 nationally. In terms of local businesses, Decoria has many options for shopping, dining, entertainment and more. For example, there is The Shoppes at Riverside which is an outdoor shopping center with plenty of popular stores such as Best Buy and Target; Downtown Decoria which provides quaint boutique shops; and Little Italy which serves delicious Italian cuisine.
Decoria has an unemployment rate of 3.9%. The US average is 6.0%.
Decoria has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.
Tax Rates for Decoria
- The Sales Tax Rate for Decoria is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Decoria 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 Decoria
- The average income of a Decoria resident is $38,925 a year. The US average is $28,555 a year.
- The Median household income of a Decoria resident is $102,813 a year. The US average is $69,021 a year.