Lyle, MN is a small town located in the southeastern part of the state. It has plenty to offer for those looking for a quaint and peaceful place to live. The average rent for a two bedroom apartment in Lyle is $990, which is considerably lower than the national average of $1,430. Additionally, groceries here are cheaper than average with the local grocery cost index at 93 compared to the US average of 100.
Local businesses and attractions in Lyle include Sanders True Value Hardware, B&B Grocery Store, Valley View Golf Course, and Sacred Heart Catholic Church. There’s also a variety of outdoor activities available such as camping, fishing and swimming at nearby Forestville State Park. With its low cost of living, friendly atmosphere and ample recreational opportunities, Lyle makes an ideal home.
Lyle has an unemployment rate of 4.2%. The US average is 6.0%.
Lyle 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 Lyle
- The Sales Tax Rate for Lyle is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lyle 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 Lyle
- The average income of a Lyle resident is $22,995 a year. The US average is $28,555 a year.
- The Median household income of a Lyle resident is $46,607 a year. The US average is $69,021 a year.