Laporte, MN is a small town located in northern Minnesota. It has a population of just over 1,000 people and offers a peaceful, rural lifestyle. Despite its small size, Laporte is home to many businesses including K&K Auto Parts, Bavarian Blast Bakery, and Piscopo Construction & Renovations. The cost of living in Laporte is lower than the national average due to factors such as lower housing costs and grocery prices. The average two-bedroom rent in Laporte is $880 compared to the US average of $1,430 while the Grocery Cost Index in Laporte is 99 versus 100 for the US. This means that residents of Laporte can save money on rent and food expenses without compromising their quality of life or sacrificing access to local amenities and services.
Laporte has an unemployment rate of 6.1%. The US average is 6.0%.
Laporte has seen the job market increase by 6.6% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.
Tax Rates for Laporte
- The Sales Tax Rate for Laporte is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Laporte 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 Laporte
- The average income of a Laporte resident is $18,076 a year. The US average is $28,555 a year.
- The Median household income of a Laporte resident is $47,083 a year. The US average is $69,021 a year.