Gilchrist, MN is a small rural town located in the state of Minnesota. The town has a population of just over 200 people and is located near the Mississippi River. The rent for a two bedroom apartment in Gilchrist, MN is much lower than the national average at $930 compared to $1,430. Additionally, the Grocery Cost Index in Gilchrist is also lower in comparison to the US average at 100. For those looking for an affordable place to live with access to local businesses and amenities, Gilchrist, MN may be an ideal location to consider.
The town has a variety of shops and services that cater to its residents including a grocery store, gas stations, restaurants, banks, hardware stores and churches. In addition to these businesses there are also recreational activities such as camping sites on nearby lakes and rivers as well as several parks where visitors can take advantage of the stunning scenery that Minnesota offers.
Gilchrist has an unemployment rate of 4.5%. The US average is 6.0%.
Gilchrist has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Gilchrist
- The Sales Tax Rate for Gilchrist is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gilchrist 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 Gilchrist
- The average income of a Gilchrist resident is $30,319 a year. The US average is $28,555 a year.
- The Median household income of a Gilchrist resident is $62,375 a year. The US average is $69,021 a year.