Lambert, MN is a small city located in Minnesota, which is known for its friendly people and strong sense of community. The city offers plenty of opportunities to its residents with local businesses such as Express Grain Terminals LLC, Lambert Machine Shop Inc., and Custom Interiors Inc. The cost of living in Lambert is fairly low when compared to the US - rent for a two bedroom apartment costs $820, while groceries cost 94 index points against the 100 index points in the US. The overall living costs in Lambert are lower than most cities across America, making it an attractive destination for those looking for a quiet place to call home.
Lambert has an unemployment rate of 6.0%. The US average is 6.0%.
Lambert 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 Lambert
- The Sales Tax Rate for Lambert is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lambert 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 Lambert
- The average income of a Lambert resident is $23,919 a year. The US average is $28,555 a year.
- The Median household income of a Lambert resident is $53,125 a year. The US average is $69,021 a year.