Gordon, MN is a small town located in the midwest of the United States. It has a population of around 2,500 people. The rent for a two-bedroom apartment in Gordon is about $1,000 which is lower than the national average of $1,430. In addition to reasonable housing costs, Gordon also offers an inexpensive grocery cost index of 98 compared to the US average of 100.
The local economy in Gordon is primarily composed of small businesses such as family restaurants like Tom's Diner and locally owned stores like Betty's Boutique. There are also some larger companies like Smith Manufacturing that provide jobs to the community. Overall, this small Midwest town has an attractive economic climate with affordable housing and low grocery prices.
Gordon has an unemployment rate of 5.4%. The US average is 6.0%.
Gordon has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Gordon
- The Sales Tax Rate for Gordon is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Gordon 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 Gordon
- The average income of a Gordon resident is $24,623 a year. The US average is $28,555 a year.
- The Median household income of a Gordon resident is $76,250 a year. The US average is $69,021 a year.