Home Brook, MN Economy


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Home Brook, MN is a small town situated in the midwestern United States. It is known for its low rent prices for two bedroom apartments, which on average are $990 compared to $1,430 for the US on average. The same goes with the grocery cost index in Home Brook: while it stands at 99 versus 100 in the US. Local companies that people in Home Brook might enjoy include Home Brook Gardens, Home Brook Pharmacy, and Country Corner Diner. All of these businesses have helped shape the community into what it is today; a small but thriving town that offers great value compared to other places found across the United States.

Home Brook has an unemployment rate of 8.4%. The US average is 6.0%.

Home Brook has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.

Tax Rates for Home Brook
- The Sales Tax Rate for Home Brook is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Home Brook 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 Home Brook
- The average income of a Home Brook resident is $20,183 a year. The US average is $28,555 a year.
- The Median household income of a Home Brook resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHome Brook, MinnesotaUnited States
  8.46
  -5.2%-6.2%
  51.3%33.5%
  7.4%6.2%
  7.1%4.6%
  $34,945$37,638
  $46,875$69,021
  $58,750$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  13.6%6.8%
  11.1%10.0%
  0.0%2.5%
  3.7%11.0%
  4.9%4.8%
  0.0%0.8%
  1.2%1.9%
  6.2%4.7%
  7.4%1.9%
  7.4%7.6%
  0.0%0.1%
  6.2%4.2%
  0.0%9.3%
  12.3%14.0%
  2.5%2.1%
  12.3%7.0%
  6.2%4.8%
  3.7%4.7%
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