Nassau, MN is a small town located in the Twin Cities metro area. It is a great place for those seeking a suburban lifestyle without sacrificing access to nearby amenities and attractions. The cost of living in Nassau is quite reasonable with rent for 2 bedroom apartments averaging $730, compared to the national average of $1,430. Grocery prices are also lower than the national average with the Index score being 91 versus 100.
Local companies in Nassau include Nordik Construction, Jones Brothers Construction, JB Excavating, and K&K Electric. These companies provide services ranging from construction to excavation to electric work. Residents of Nassau can also shop at local businesses such as La Tienda Mexican Market and Leopold’s Meats & Deli which provide quality foods and products from around the world. Overall, Nassau offers its residents great access to services while providing an affordable living environment.
Nassau has an unemployment rate of 4.5%. The US average is 6.0%.
Nassau has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Nassau
- The Sales Tax Rate for Nassau is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Nassau 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 Nassau
- The average income of a Nassau resident is $19,518 a year. The US average is $28,555 a year.
- The Median household income of a Nassau resident is $58,750 a year. The US average is $69,021 a year.