Fair Haven, MN is a small town located in the South Central region of Minnesota. It has a population of less than 1,000 people and is known for its cozy atmosphere. Rent prices in Fair Haven are lower than the national average at $1,180 per month for a two bedroom apartment. Grocery costs in Fair Haven are also on par with the US as well.
The town has several local businesses such as The Cracker Barrel General Store which sells general merchandise and gifts. Northland Taxidermy offers taxidermy services to preserve memories of outdoor experiences with hunting or fishing while Miller Heating & Cooling provides HVAC services to keep homes comfortable year round. Fair Haven also has the Hayseed Cafe which serves homemade meals made from local ingredients, and Country Coins & Collectibles which buys and sells coins, jewelry, antiques, and more.
Fair Haven has an unemployment rate of 4.7%. The US average is 6.0%.
Fair Haven has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Fair Haven
- The Sales Tax Rate for Fair Haven is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fair Haven 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 Fair Haven
- The average income of a Fair Haven resident is $41,406 a year. The US average is $37,638 a year.
- The Median household income of a Fair Haven resident is $80,469 a year. The US average is $69,021 a year.