Inguadona, MN is a small but growing community located just outside of Minneapolis. It is known for its affordable rental prices, with two bedroom apartments costing on average $890/month. Grocery costs in Inguadona are also lower than the US average, with an index of 97 versus 100. Local companies include Xcel Energy, a major energy provider for the area, as well as Xtreme Automotive & Performance, an auto repair shop. There are many outdoor activities nearby such as fishing at one of the many lakes or hiking at Afton State Park. For those looking for a more urban experience, the city of St Paul is only 20 minutes away. Inguadona has something for everyone!
Inguadona has an unemployment rate of 8.4%. The US average is 6.0%.
Inguadona has seen the job market decrease by -5.2% 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 Inguadona
- The Sales Tax Rate for Inguadona is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Inguadona 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 Inguadona
- The average income of a Inguadona resident is $34,836 a year. The US average is $37,638 a year.
- The Median household income of a Inguadona resident is $55,000 a year. The US average is $69,021 a year.