Lake Johanna, MN is a beautiful small town located in central Minnesota. The town offers great outdoor activities like fishing and boating on Lake Johanna, as well as other recreational activities like golfing and biking. Local businesses include Lake Johanna Marina, Pohl's Supermarket, and Campfire Café & Bakery. The cost of living in Lake Johanna is considerably lower than the US average; for example 2-bedroom rent is $860 compared to the US average of $1,430 and the Grocery Cost Index is 95 versus 100 in the US. Overall, Lake Johanna is an affordable place to live with plenty of things to do both indoors and outdoors.
Lake Johanna has an unemployment rate of 4.5%. The US average is 6.0%.
Lake Johanna has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Lake Johanna
- The Sales Tax Rate for Lake Johanna is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Johanna 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 Lake Johanna
- The average income of a Lake Johanna resident is $28,953 a year. The US average is $28,555 a year.
- The Median household income of a Lake Johanna resident is $62,083 a year. The US average is $69,021 a year.