Martinsburg, MN is a small but vibrant community located in northern Minnesota. It's known for its cozy atmosphere and tight-knit community. Rent for a two bedroom apartment in Martinsburg is $830 compared to the US average of $1,430, making it an affordable place to live. The grocery cost index in Martinsburg is 95 versus 100 in the US, making it easy on the budget for residents.
Martinsburg has many local businesses that call the community home such as M&J Motors, True North Realty, and Rob’s Flooring. There are also plenty of amenities that make living in Martinsburg enjoyable including outdoor parks and recreation areas, shopping districts with unique stores and eateries, and an array of events throughout the year. All these benefits make Martinsburg an attractive place to live for families and individuals alike.
Martinsburg has an unemployment rate of 5.9%. The US average is 6.0%.
Martinsburg has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Martinsburg
- The Sales Tax Rate for Martinsburg is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Martinsburg 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 Martinsburg
- The average income of a Martinsburg resident is $43,964 a year. The US average is $37,638 a year.
- The Median household income of a Martinsburg resident is $61,250 a year. The US average is $69,021 a year.