Lonsdale, MN is a quaint town located in the southeastern part of Minnesota. It has a population of about 2,500 people and is known for its affordability. It is a great place to live and work with the median rent for a two-bedroom apartment being only $1,050 compared to the US median of $1,430. Additionally, groceries are relatively inexpensive in Lonsdale with the cost index being 101 versus 100 for other parts of the country. Businesses in Lonsdale include local restaurants such as Southfork Supper Club, stores such as Family Dollar and hardware stores like Geislinger Hardware & Rental Center. Attractions near Lonsdale include Lake Pulaski which offers activities such as fishing and boating, as well as Quarry Hill Nature Center where visitors can experience wildlife up close.
Lonsdale has an unemployment rate of 4.2%. The US average is 6.0%.
Lonsdale has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Lonsdale
- The Sales Tax Rate for Lonsdale is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lonsdale 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 Lonsdale
- The average income of a Lonsdale resident is $26,307 a year. The US average is $28,555 a year.
- The Median household income of a Lonsdale resident is $91,023 a year. The US average is $69,021 a year.