Great Scott, MN is a great place to live for those looking for affordable housing and low cost of living. The average rent rate for a two bedroom apartment in Great Scott is $930 per month, compared to the national average of $1,430 per month. This makes it an ideal destination for people looking to save money on housing costs while enjoying the natural beauty of the area. Additionally, the Grocery Cost Index in Great Scott is 95 versus 100 in the US, making it more economical to buy groceries here than other places.
Great Scott is home to many local companies including White Pine Brewery, Grendo Group LLC, and Dina's Place Restaurant. There are also plenty of activities and attractions such as golf courses, hiking trails, and parks nearby. With its affordability and access to outdoor activities, Great Scott is an attractive option for those looking for a peaceful spot away from the hustle and bustle of city life.
Great Scott has an unemployment rate of 4.8%. The US average is 6.0%.
Great Scott has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Great Scott
- The Sales Tax Rate for Great Scott is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Great Scott 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 Great Scott
- The average income of a Great Scott resident is $36,092 a year. The US average is $37,638 a year.
- The Median household income of a Great Scott resident is $68,056 a year. The US average is $69,021 a year.