Grass Lake, MN is a small town located in the heart of Minnesota. It is known for its friendly community, picturesque views, and overall sense of tranquility. The average rent for a two bedroom apartment in Grass Lake is $1,160 which is lower than the national average of $1,430. Additionally, Grass Lake boasts an incredibly low cost of living as indicated by its Grocery Cost Index being only 97 versus 100 in the US. Local businesses such as Grass Lake Market, Corner Cafe & Bakery, and Carousel Clothing Co are some popular places for residents to shop and grab a bite to eat. In conclusion, Grass Lake is an ideal place to live for those seeking small-town charm without sacrificing quality living standards.
Grass Lake has an unemployment rate of 8.8%. The US average is 6.0%.
Grass Lake has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Grass Lake
- The Sales Tax Rate for Grass Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Grass Lake 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 Grass Lake
- The average income of a Grass Lake resident is $30,214 a year. The US average is $37,638 a year.
- The Median household income of a Grass Lake resident is $56,791 a year. The US average is $69,021 a year.