Graham, MN is a small town located in the southwestern part of Minnesota. It has a population of about 1,600 people and is full of unique charm. The city offers a variety of amenities such as its own hospital, public library, and fire department that all serve the locals and visitors alike.
The cost of living in Graham is lower than the national average due to its 2-bedroom rent averaging $880 compared to $1,430 nationally. Furthermore, grocery costs in Graham are 99 compared to 100 on average for the US. This makes it an ideal place for families looking for an affordable place to live.
There is no shortage of things to do in Graham as it has multiple parks with camping opportunities along with its nearby lakes where fishing and boating activities can be enjoyed year-round. A few notable local companies include Cedar Valley Manufacturing Inc., Miller Construction Company Inc., and Pleva Seed Farms LTD which all contribute greatly to the community's economy. All in all, Graham is a pleasant place with great quality of life worth considering as your new home or for your next family vacation!
Graham has an unemployment rate of 6.1%. The US average is 6.0%.
Graham has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.
Tax Rates for Graham
- The Sales Tax Rate for Graham is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Graham 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 Graham
- The average income of a Graham resident is $24,240 a year. The US average is $28,555 a year.
- The Median household income of a Graham resident is $103,750 a year. The US average is $69,021 a year.