Jordan, MN is a small city located in the state of Minnesota. It has a population of around 5,000 people and is known for its charming downtown and historic sites. The cost of living in Jordan is relatively affordable, with 2 bedroom rent averaging about $1,460 per month as compared to the national average of $1,430. Additionally, the grocery cost index in Jordan is 102 relative to 100 nationally.
In terms of local businesses and services, Jordan offers a variety of shopping and dining options. There are several family-owned restaurants such as The Pines Restaurant & Supper Club; unique boutiques such as Yarn Harbor; convenience stores including Kwik Trip; and popular chain stores like Walgreens Pharmacy. In addition to retail shops, there are also health care facilities like Allina Health Jordan Clinic which provide medical care for those in need. Other amenities include two well-maintained parks -- Liberty Park and Lake Sarah Park -- which offer plenty of recreational opportunities for visitors and locals alike.
Jordan has an unemployment rate of 4.1%. The US average is 6.0%.
Jordan has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Jordan
- The Sales Tax Rate for Jordan is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Jordan 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 Jordan
- The average income of a Jordan resident is $28,308 a year. The US average is $28,555 a year.
- The Median household income of a Jordan resident is $101,285 a year. The US average is $69,021 a year.