Monson, MN is a small town located in Houston County, Minnesota. Despite its small population size, Monson offers many cultural and recreational activities for visitors to enjoy. The rent for a 2-bedroom apartment in this city is much lower than the US average at just $760 per month. Additionally, the grocery cost index in Monson is 93 versus 100 in the US making groceries here more affordable compared to other cities. Some popular local businesses and attractions include Monson Meadows Golf Course, Storlie's Auto Repair, and Sleight Family Restaurant. Visitors can also explore the nearby ski trails or take advantage of the numerous bike paths crisscrossing through town. Regardless of one's interests, there is something to do for everyone in Monson!
Monson has an unemployment rate of 5.0%. The US average is 6.0%.
Monson has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Monson
- The Sales Tax Rate for Monson is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Monson 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 Monson
- The average income of a Monson resident is $23,745 a year. The US average is $28,555 a year.
- The Median household income of a Monson resident is $75,417 a year. The US average is $69,021 a year.