Lake Pleasant, Minnesota is a great place to live. It offers its residents all of the amenities of a larger town without the higher cost of living that often accompanies it. The average two-bedroom rent in Lake Pleasant is $820, significantly lower than the US average of $1,430. Not only are rent prices much more affordable but groceries are too, with the Grocery Cost Index in Lake Pleasant being 95 versus 100 in the US. \nLocal businesses in Lake Pleasant include H&K Hardware, a family owned business that has been around since 1947; Lucky’s Bar & Grill where you can enjoy classic bar food and drinks; and Vogel's Supermarket which has been providing fresh produce to customers since 1978. There are many other businesses to explore when visiting or living in Lake Pleasant. \nLiving in Lake Pleasant is affordable and comfortable. With all it has to offer, it’s no surprise people choose to call it home!
Lake Pleasant has an unemployment rate of 6.0%. The US average is 6.0%.
Lake Pleasant has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Lake Pleasant
- The Sales Tax Rate for Lake Pleasant is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Pleasant 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 Pleasant
- The average income of a Lake Pleasant resident is $27,034 a year. The US average is $28,555 a year.
- The Median household income of a Lake Pleasant resident is $68,750 a year. The US average is $69,021 a year.