Emily, MN is a small town located in the Midwest of the United States, with a population of just over 5,000 people. The local economy is driven by a variety of businesses such as Emily Hardware & Supply, B&B Grocery Store, and Emily Bar & Grill. When it comes to housing costs, Emily is considerably cheaper than the rest of the United States with 2 bedroom rentals averaging $980 compared to $1,430 nationally. Regarding grocery costs, Emily shoppers also benefit from lower prices with a cost index of 98 versus 100 in the US. In general, living in Emily offers more affordable options for those looking for a place to call home.
Emily has an unemployment rate of 6.0%. The US average is 6.0%.
Emily has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Emily
- The Sales Tax Rate for Emily is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Emily 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 Emily
- The average income of a Emily resident is $42,074 a year. The US average is $37,638 a year.
- The Median household income of a Emily resident is $50,625 a year. The US average is $69,021 a year.