Lake Bronson, MN is a small town surrounded by natural beauty, offering an abundance of recreational activities. The cost of living in this charming town is relatively low compared to other parts of the country; for example, the average two bedroom rent in Lake Bronson is only $750 per month, while the US average sits at $1,430. Additionally, the grocery cost index in Lake Bronson is 90 versus 100 in the US. Local businesses in Lake Bronson include a variety of eateries such as K&K Cafe and Pizza Ranch Restaurant as well as shops like Checkered Flag Country Store and A & B Candyland. Whether you're looking for an affordable place to live or a peaceful rural escape from city life, Lake Bronson is a great option.
Lake Bronson has an unemployment rate of 4.0%. The US average is 6.0%.
Lake Bronson has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Lake Bronson
- The Sales Tax Rate for Lake Bronson is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Bronson 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 Bronson
- The average income of a Lake Bronson resident is $17,625 a year. The US average is $28,555 a year.
- The Median household income of a Lake Bronson resident is $48,056 a year. The US average is $69,021 a year.