Frontenac, MN is a great town to call home! It is a small town with a population of just over 800 people. The rent for a two bedroom apartment is $950 which is much lower than the national average of $1,430. Additionally, Frontenac has an amazing cost of living index with the Grocery Cost Index being 101 versus 100 in the US making it an attractive option for those looking to move into the area. The local companies in Frontenac have competitive pricing, such as Woodson Hardware which offers tools and construction supplies at reasonable rates. Also, there is the Dairy Queen offering delicious fast food options along with ice cream treats that are affordable for all. Finally, Peterson's Marketplace provides quality groceries at competitive prices.
Frontenac has an unemployment rate of 4.6%. The US average is 6.0%.
Frontenac has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Frontenac
- The Sales Tax Rate for Frontenac is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Frontenac 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 Frontenac
- The average income of a Frontenac resident is $29,144 a year. The US average is $28,555 a year.
- The Median household income of a Frontenac resident is $103,000 a year. The US average is $69,021 a year.