Honner, MN is a small town located in the midwest. The cost of living is relatively low with two bedroom rent costing just $830 compared to the US average of $1,430. Grocery bills are also much lower due to the Grocery Cost Index being 95 versus 100 in the US. There are many local businesses in Honner, MN such as Honner Hardware Store, Southside Coffee Shop and Bakery, Honner Pharmacy and Clinic, and Main Street Pizza Company. These local companies provide a variety of products and services for the local residents of Honner.
Honner has an unemployment rate of 5.5%. The US average is 6.0%.
Honner has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Honner
- The Sales Tax Rate for Honner is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Honner 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 Honner
- The average income of a Honner resident is $25,730 a year. The US average is $28,555 a year.
- The Median household income of a Honner resident is $77,813 a year. The US average is $69,021 a year.