Lac qui Parle is a small city in Minnesota located along the Mississippi River. It has a population of around 2,000 people and is an ideal spot for those looking for peace and quiet. The cost of living here is very low, with two bedroom rent at only $810 compared to the US average of $1,430. Grocery costs are also great here due to the low Grocery Cost Index which is 93 compared to 100 in the US. Local companies around Lac qui Parle include Rocky Acres Hotel & Resort, Dupont Motors, Ag Country Farm Credit Services, and Malchow’s Polaris Sports Center. Despite being a smaller town, there are plenty of activities available for those wanting to explore outdoors such as fishing on the Mississippi River or golfing at one of the local courses. Those looking to experience all that Lac qui Parle has to offer will find it an affordable and beautiful place to live or visit.
Lac qui Parle has an unemployment rate of 4.5%. The US average is 6.0%.
Lac qui Parle has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Lac qui Parle
- The Sales Tax Rate for Lac qui Parle is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lac qui Parle 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 Lac qui Parle
- The average income of a Lac qui Parle resident is $34,457 a year. The US average is $28,555 a year.
- The Median household income of a Lac qui Parle resident is $50,781 a year. The US average is $69,021 a year.