Mansfield, MN is an ideal city to live in for those looking for an affordable and comfortable lifestyle. The average two bedroom rental costs $870 per month, which is much cheaper than the US average of $1,430. Additionally, the Grocery Cost Index is 94 compared to 100 nationally. This makes Mansfield a great place to shop for groceries while enjoying cost-savings. Residents of Mansfield can take advantage of several local companies such as S&S Transport and Marblehead Publishing, as well as many amenities like the Silver Lake Golf Course and Central Square Mall Shopping Center. For outdoor recreation and fun, there are several parks in the area that offer walking trails, playgrounds, picnic areas, and sports fields. There are also plenty of cultural attractions like art galleries and museums to explore.
Mansfield has an unemployment rate of 4.5%. The US average is 6.0%.
Mansfield has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Mansfield
- The Sales Tax Rate for Mansfield is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Mansfield 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 Mansfield
- The average income of a Mansfield resident is $24,383 a year. The US average is $28,555 a year.
- The Median household income of a Mansfield resident is $56,250 a year. The US average is $69,021 a year.