Emmons, MN is an interesting town with some unique features. The 2 bedroom rent in the area is lower than the national average at $870, while the grocery cost index is higher than the national average at 94 versus 100. This means that living expenses in Emmons are significantly lower, making it an attractive option for those looking for a more affordable place to live.
The town's economy is supported by a few local companies, such as Kujawa Building Supply and Hillcrest Dairy. Kujawa Building Supply provides construction materials and lumber for both residential and commercial projects in the area, while Hillcrest Dairy farms milk products for local consumption. These companies provide employment opportunities to locals and contribute to the overall economic prosperity of Emmons.
Emmons has an unemployment rate of 4.5%. The US average is 6.0%.
Emmons has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Emmons
- The Sales Tax Rate for Emmons is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Emmons 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 Emmons
- The average income of a Emmons resident is $30,121 a year. The US average is $37,638 a year.
- The Median household income of a Emmons resident is $53,750 a year. The US average is $69,021 a year.