Freeman, MN is a small town located in the southeastern region of the United States. It is a great place to live, with low rent costs and inexpensive grocery prices. The average cost of a two bedroom apartment in Freeman is around $900 per month which is much lower than the average cost across the US which is $1,430 per month. Additionally, the Grocery Cost Index in Freeman, MN is 95 versus the US benchmark of 100. Local companies include Freeman Tractor Sales & Repair, Heartland Wood Flooring and Freeman Family Pharmacy to name a few. There are also several restaurants in town such as Stein's Cafe and Pizza Ranch that make it easy for locals to enjoy good food while staying close to home.
Freeman has an unemployment rate of 4.5%. The US average is 6.0%.
Freeman has seen the job market decrease by -0.4% 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 Freeman
- The Sales Tax Rate for Freeman is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Freeman 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 Freeman
- The average income of a Freeman resident is $30,875 a year. The US average is $28,555 a year.
- The Median household income of a Freeman resident is $77,500 a year. The US average is $69,021 a year.