Mounds View, MN is a small city located in the Twin Cities region of Minnesota. The city has a population of around 10,000 residents and is known for its affordability, with an average 2 bedroom rent of $1,290 and grocery cost index of 101 compared to the US average. Local businesses in Mounds View include Central Perk Coffeehouse, Little Caesars Pizza, and Bonanza Steakhouse. Popular attractions in Mounds View include Snail Lake Park and Colby Lake Park. Residents can also enjoy shopping at local retail stores like Target and Cub Foods. All these amenities make Mounds View an ideal place to live for people who want to save money while still having access to many amenities.
Mounds View has an unemployment rate of 4.5%. The US average is 6.0%.
Mounds View has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Mounds View
- The Sales Tax Rate for Mounds View is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Mounds View 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 Mounds View
- The average income of a Mounds View resident is $28,928 a year. The US average is $28,555 a year.
- The Median household income of a Mounds View resident is $78,208 a year. The US average is $69,021 a year.