Lake Lillian, MN is a small town located in the United States, with a population of around 677 people. It is known for being an affordable place to live with two-bedroom rents costing only $840 compared to the US average of $1,430. The grocery cost index in Lake Lillian is 96 which is slightly lower than the US index of 100.
The town of Lake Lillian offers its residents access to a variety of local companies and attractions. Companies such as J&J Auto Repair, Wichmanns Grocery Store, and Van Horn Trucking offer residents quality service they can depend on. Local attractions such as the Lake Lillian Country Club and golf course, Kasson Beach Park, and the historic Downtown District provide something for everyone in the family to enjoy.
Lake Lillian has an unemployment rate of 4.9%. The US average is 6.0%.
Lake Lillian has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Lake Lillian
- The Sales Tax Rate for Lake Lillian is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Lillian 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 Lillian
- The average income of a Lake Lillian resident is $29,497 a year. The US average is $37,638 a year.
- The Median household income of a Lake Lillian resident is $56,250 a year. The US average is $69,021 a year.