Deephaven, MN is a great place to live due to its affordability and access to amenities. The 2 bedroom rent in Deephaven is $1,710 per month which is cheaper than the US average of $1,430. In addition, the cost of groceries in Deephaven have a Grocery Cost Index of 109 compared to the national average of 100. Some popular local businesses include Lakewinds Food Coop, Baked Pie Company, and the Deephaven Beach. Tourists often come for attractions such as Excelsior Bay Beach Park or a trip down the Luce Line State Trail. There are also many amenities nearby such as a local library, Cottagewood Store & Cafe, and several community centers for locals to enjoy.
Deephaven has an unemployment rate of 4.2%. The US average is 6.0%.
Deephaven has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Deephaven
- The Sales Tax Rate for Deephaven is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Deephaven 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 Deephaven
- The average income of a Deephaven resident is $118,292 a year. The US average is $37,638 a year.
- The Median household income of a Deephaven resident is $152,051 a year. The US average is $69,021 a year.