Manhattan Beach, MN is a small town located in the Twin Cities Metropolitan area. It has a population of just 8,000 people and is known for its low cost of living. The average two bedroom rent in Manhattan Beach is $820, which is significantly lower than the US average two bedroom rent of $1,430. Additionally, the grocery cost index in Manhattan Beach is 102 compared to 100 in the U.S., making it one of the more affordable towns to live in. Local companies include Brookville Supermarket, Minnesota Auto & Tire Service Center, and Empire Electric Company.
Manhattan Beach has an unemployment rate of 6.0%. The US average is 6.0%.
Manhattan Beach has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Manhattan Beach
- The Sales Tax Rate for Manhattan Beach is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Manhattan Beach 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 Manhattan Beach
- The average income of a Manhattan Beach resident is $68,744 a year. The US average is $37,638 a year.
- The Median household income of a Manhattan Beach resident is $36,250 a year. The US average is $69,021 a year.