East Gull Lake, MN Economy


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East Gull Lake in Minnesota is a great place to live with its affordable rent prices. The average two bedroom rent in East Gull Lake is only $970 per month, which is significantly lower than the national average of $1,430. Additionally, the cost of groceries in East Gull Lake has a grocery cost index of 97 compared to 100 in the US. This makes East Gull Lake an ideal place for those looking for an affordable cost of living. Local companies include Pine Beach Resort and Grand View Lodge Golf Resort & Spa that offer excellent job opportunities and provide great amenities for residents. When compared to other areas, East Gull Lake has one of the most affordable costs of living - from rent to groceries - making it a perfect spot for anyone looking for a comfortable way of life without breaking their budget.

East Gull Lake has an unemployment rate of 8.4%. The US average is 6.0%.

East Gull Lake has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.

Tax Rates for East Gull Lake
- The Sales Tax Rate for East Gull Lake is 7.4%. The US average is 7.3%.
- The Income Tax Rate for East Gull 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 East Gull Lake
- The average income of a East Gull Lake resident is $41,734 a year. The US average is $28,555 a year.
- The Median household income of a East Gull Lake resident is $101,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Gull Lake, MinnesotaUnited States
  8.46
  -5.2%-6.2%
  51.3%33.5%
  7.4%6.2%
  7.1%4.6%
  $49,777$37,638
  $101,167$69,021
  $102,917$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  11.4%6.8%
  2.9%10.0%
  1.5%2.5%
  17.0%11.0%
  5.0%4.8%
  0.0%0.8%
  8.9%1.9%
  4.2%4.7%
  4.6%1.9%
  1.5%7.6%
  0.0%0.1%
  2.5%4.2%
  12.1%9.3%
  11.6%14.0%
  0.8%2.1%
  9.6%7.0%
  3.3%4.8%
  1.7%4.7%
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