Mason, MN is a small city located in the United States with a population of approximately 2,800 people. Although it is a relatively small city, Mason offers affordable rental costs and grocery prices for its residents. The average two-bedroom rent in Mason is $840 per month which is much lower than the average 2 bedroom rent in the US which is $1,430 per month. Additionally, the Grocery Cost Index in Mason is 94 compared to 100 in the US. This lower cost of living makes Mason an attractive place to live for those seeking an affordable option without sacrificing quality. Local companies that are popular amongst residents in Mason include DeZurik Inc., Leaf Valley Meats Inc., and ACE Hardware Corporation. All three of these businesses provide employment opportunities and services to local citizens and visitors alike.
Mason has an unemployment rate of 6.4%. The US average is 6.0%.
Mason has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Mason
- The Sales Tax Rate for Mason is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Mason 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 Mason
- The average income of a Mason resident is $43,733 a year. The US average is $28,555 a year.
- The Median household income of a Mason resident is $105,417 a year. The US average is $69,021 a year.