Ebro, MN is a small town with a population of around 500 people. It has a high quality of life and is known for its affordable housing costs. The average rent for a two-bedroom apartment in Ebro is $840 compared to the US average of $1430. The grocery cost index in Ebro is 94 versus 100 in the US, making it a great place to save money on groceries as well. Local companies include Ebro Ready Mix Concrete, JB's Electric, and Hickory Hill Farms. These businesses provide many jobs to the local residents and contribute positively to the economy of Ebro.
Ebro has an unemployment rate of 8.7%. The US average is 6.0%.
Ebro has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Ebro
- The Sales Tax Rate for Ebro is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ebro 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 Ebro
- The average income of a Ebro resident is $15,453 a year. The US average is $28,555 a year.
- The Median household income of a Ebro resident is $26,250 a year. The US average is $69,021 a year.