Lake Eunice, MN is a small city with a rural atmosphere. It is situated close to woods and lakes, making it an ideal place for those who want to get away from the hustle and bustle of big city life. The cost of living here is quite reasonable – two bedroom rents are $860 compared to the average US two bedroom rent at $1,430 – and grocery costs have a slight advantage too with a Grocery Cost Index of 102 versus 100 in the US.
Local companies in Lake Eunice, MN include Advanced Power Technologies, Reichel Plumbing Services LLC, A-1 Machine & Tool Co., King Solutions LLC and Scott's Automotive Repair. These businesses offer employment opportunities for local residents as well as attract people from other places looking for job opportunities.
In addition to its affordability and employment opportunities, Lake Eunice also offers plenty of recreational activities such as fishing in one of its many lakes or hiking in the surrounding woods. There are also numerous cultural attractions nearby such as art museums and theater performances that visitors can check out. With its peaceful setting and abundance of activities to enjoy, Lake Eunice is an ideal place for anyone looking to relocate.
Lake Eunice has an unemployment rate of 5.3%. The US average is 6.0%.
Lake Eunice has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Lake Eunice
- The Sales Tax Rate for Lake Eunice is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lake Eunice 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 Eunice
- The average income of a Lake Eunice resident is $33,985 a year. The US average is $28,555 a year.
- The Median household income of a Lake Eunice resident is $80,909 a year. The US average is $69,021 a year.