Gillford, MN is a small town located in the Midwest region of the United States. The cost of living is incredibly affordable, with a two bedroom rent being around $980, as compared to a national average of $1,430. In addition to inexpensive housing, the grocery cost index in Gillford is equal to that of the US. This makes it an ideal place for those looking for an affordable lifestyle and community.
The town of Gillford boasts various local companies which offer a variety of products and services. For example, The Loft furniture store sells quality furniture at reasonable prices, while Renovations Design Studio offers interior design advice and assistance. Other businesses include Big City Deli which provides catering services and Delicious Diner which serves classic American cuisine. With such a wide range of options available, there's something for everyone in Gillford!
Gillford has an unemployment rate of 4.4%. The US average is 6.0%.
Gillford has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Gillford
- The Sales Tax Rate for Gillford is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Gillford 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 Gillford
- The average income of a Gillford resident is $32,522 a year. The US average is $28,555 a year.
- The Median household income of a Gillford resident is $65,804 a year. The US average is $69,021 a year.