Lodi, MN is a small town located in the US that offers residents a more affordable living than the national average. The rent for a two bedroom apartment is $950 compared to the US average of $1,430. Additionally, grocery costs are 95 compared to 100 nationally. This makes Lodi an ideal location for young families and retirees alike seeking an affordable yet comfortable lifestyle. Locally owned businesses such as C & K Market and Inman's Home Center offer residents quality goods and services at great prices.
Lodi has an unemployment rate of 4.2%. The US average is 6.0%.
Lodi has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Lodi
- The Sales Tax Rate for Lodi is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lodi 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 Lodi
- The average income of a Lodi resident is $36,494 a year. The US average is $37,638 a year.
- The Median household income of a Lodi resident is $96,500 a year. The US average is $69,021 a year.