Murdock, MN is a charming town located in the Midwest. The cost of living is relatively low, with an average 2 bedroom rent of $800 compared to the US average of $1,430. The grocery cost index for Murdock, MN is 95 compared to 100 in the US.
The town is home to several businesses including Murdock Motors, a local car dealership that has been serving customers since 1987. They offer quality cars at competitive prices and excellent customer service. Another popular business in Murdock is the Corner Store Café and bakery, which serves delicious breakfast and lunch dishes as well as freshly baked pastries daily. Finally, there’s also Wilson’s Hardware store that provides all kinds of hardware products from gardening tools to building materials for home projects. All three businesses are committed to providing high-quality services to Murdock residents at affordable prices.
Murdock has an unemployment rate of 5.6%. The US average is 6.0%.
Murdock has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Murdock
- The Sales Tax Rate for Murdock is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Murdock 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 Murdock
- The average income of a Murdock resident is $20,607 a year. The US average is $28,555 a year.
- The Median household income of a Murdock resident is $63,229 a year. The US average is $69,021 a year.