Merrifield, MN is an enjoyable rural community located in Crow Wing County. It has a low cost of living compared to the US as a whole; 2 bedroom rent is $1000 compared to the US average of $1430. Grocery Cost Index is also lower than the national average at 100 versus 100 in the US. Despite its small size, Merrifield has many local business for residents to enjoy. Some popular companies are Merrifield Mercantile, J & B Restaurant, and Merrifield Bar & Grill. In addition to affordable housing and goods, Merrifield's health care index is slightly below average at 88 verses 100 in the US. All these factors combine to make Merrifield an attractive place to live for those looking for a peaceful rural life with plenty of amenities.
Merrifield has an unemployment rate of 6.0%. The US average is 6.0%.
Merrifield 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 Merrifield
- The Sales Tax Rate for Merrifield is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Merrifield 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 Merrifield
- The average income of a Merrifield resident is $26,991 a year. The US average is $37,638 a year.
- The Median household income of a Merrifield resident is $0 a year. The US average is $69,021 a year.