Delano, MN is a great place to live with an affordable cost of living. The average 2 bedroom rent is $1,230 whereas the US average is $1,430. Furthermore, Delano’s Grocery Cost Index of 102 versus 100 in the US shows that it can provide better value for money than other cities. Local businesses in Delano include Country Market & Bakery, Delano Lanes Family Entertainment Center and Broadway Street Pizza & Subs. All these establishments offer a wide range of services and products that are tailored to meet the needs of the local community while contributing to its economic growth. Moreover, the city has plenty of outdoor activities such as biking trails and lakeside parks where residents can enjoy their leisure time. All in all, due to its relatively low cost of living and abundance of recreational activities, Delano is an excellent choice for anyone who wants to live in a vibrant and welcoming city with plenty to do.
Delano has an unemployment rate of 4.5%. The US average is 6.0%.
Delano has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Delano
- The Sales Tax Rate for Delano is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Delano 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 Delano
- The average income of a Delano resident is $30,691 a year. The US average is $28,555 a year.
- The Median household income of a Delano resident is $93,531 a year. The US average is $69,021 a year.