Located in Minnesota's Rice County, Ellsworth is a small city of a little over 800 people. It has several local businesses including Ellsworth Market, Hansen Hardware, and the Rambler Cafe. The town also features some recreational parks like Ellsworth City Park, which offers playgrounds, tennis courts and a baseball diamond. Furthermore, it has an ice rink for hockey players and a golf course for avid golfers. In terms of affordability compared to other US states, two bedroom rent in Ellsworth is $820 which is lower than the national average of $1,430. Additionally, grocery cost index in Ellsworth is 92 versus 100 in the US making it a great place for those looking to save money on food expenses.
Ellsworth has an unemployment rate of 3.7%. The US average is 6.0%.
Ellsworth has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Ellsworth
- The Sales Tax Rate for Ellsworth is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ellsworth 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 Ellsworth
- The average income of a Ellsworth resident is $25,404 a year. The US average is $37,638 a year.
- The Median household income of a Ellsworth resident is $53,000 a year. The US average is $69,021 a year.