Fanny, MN Economy


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Fanny, MN is a small city located in the Midwest region of the United States. It has a vibrant culture and business sector with many local companies such as Fanny Auto Dealership, Fanny Electronics, and Fanny Home Improvement Store. Apart from its business sector, Fanny is also known for its relatively low rental prices compared to other cities in the US. The 2 Bedroom rent in Fanny is only $810 versus $1,430 across the US. Moreover, the Grocery Cost Index in Fanny is 98 against 100 nationally. All of this makes it attractive for residents looking for affordable living costs without compromising on amenities.

Fanny has an unemployment rate of 4.9%. The US average is 6.0%.

Fanny has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Fanny
- The Sales Tax Rate for Fanny is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fanny 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 Fanny
- The average income of a Fanny resident is $42,400 a year. The US average is $37,638 a year.
- The Median household income of a Fanny resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFanny, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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