Gray, MN is a small town located in the midwest of the United States. It is known for its affordable living costs, with 2 bedroom rent costing $830 compared to the national average of $1,430. The cost of groceries in Gray is also much lower than the national average, with an index of 94 versus 100 in the US. Local businesses in Gray include Sprout Market, The Corner Bar and Grill, and Excel Auto Repair. All three are popular destinations for locals and visitors alike. Sprout Market offers a variety of locally sourced produce and artisan items from local farmers and artisans. The Corner Bar and Grill serves up delicious burgers and other classic American dishes. Excel Auto Repair provides top notch auto repair services to keep you driving safely for years to come.
Gray has an unemployment rate of 5.1%. The US average is 6.0%.
Gray has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Gray
- The Sales Tax Rate for Gray is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gray 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 Gray
- The average income of a Gray resident is $37,465 a year. The US average is $28,555 a year.
- The Median household income of a Gray resident is $133,056 a year. The US average is $69,021 a year.