Gonvick, MN is a small town located in Clearwater County with a population of just under 200 people. While it is considered rural, it offers many amenities to those living there. The cost of living in Gonvick is quite affordable; two bedroom rent is around $830 which is much lower than the $1,430 US average. Furthermore, the grocery cost index for Gonvick is 93 versus 100 in the US. This makes it even more economical to live in Gonvick compared to other areas.
In addition to relatively low costs of living, Gonvick has some great local businesses such as Shelly's Grocery Store and Meat Market, gonVICK Country Furniture, and McKay's Frame & Lumber Yard; all offering their own unique products and services making it easier for people to stay local rather than having to venture out to other towns for goods or services.
Overall, Gonvick is an ideal place to settle down due its affordability and access to goods and services that make day-to-day life easier and more enjoyable.
Gonvick has an unemployment rate of 8.7%. The US average is 6.0%.
Gonvick 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 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Gonvick
- The Sales Tax Rate for Gonvick is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gonvick 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 Gonvick
- The average income of a Gonvick resident is $20,069 a year. The US average is $37,638 a year.
- The Median household income of a Gonvick resident is $19,688 a year. The US average is $69,021 a year.