Green Lake, MN is an idyllic town located in the heart of Minnesota. It is known for its beautiful lake and surrounding scenery which draw visitors from all over the area. The cost of living is relatively low compared to other parts of the country, with two bedroom rentals staying around $750 per month. Grocery costs also remain below national averages, averaging 99 on the index versus 100 nationally.
The town offers a variety of activities for residents and visitors alike, including a local movie theater and bowling alley, The Main Street Mini-Golf Course & Go Karts, and the Green Lake Golf Course & Driving Range. Outdoors enthusiasts can explore nearby state parks or go fishing on the lake itself. Shopping options are plentiful too with stores like Boulay's Hardware & Sporting Goods and R&R Corner Store offering an array of goods to choose from. In short, Green Lake provides all the amenities of a large city while maintaining its small-town charm.
Green Lake has an unemployment rate of 4.9%. The US average is 6.0%.
Green Lake has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Green Lake
- The Sales Tax Rate for Green Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Green 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 Green Lake
- The average income of a Green Lake resident is $51,691 a year. The US average is $37,638 a year.
- The Median household income of a Green Lake resident is $107,375 a year. The US average is $69,021 a year.