Nereson, MN Economy


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United States / Minnesota / No Metro Area / Roseau County / Nereson / Zip Codes
Nereson, MN is a city with an affordable cost of living in comparison to the national average. The median 2 Bedroom rent rate is $850 compared to the US median of $1,430. Additionally, the Grocery Cost Index for Nereson, MN is 94 versus 100 in the US. Locals enjoy low cost living without sacrificing any amenities; there are several local businesses and attractions that make this town a great place to live. Notable companies include Nereson Medical Center, Agri-Farmer Supply Co., and Yumico Restaurant. Popular attractions include The Magic Rock amusement park, Zuma Beach Park, and Nereson Memorial Park. With so many activities available in Nereson, it's no wonder why so many call this charming city their home!

Nereson has an unemployment rate of 3.9%. The US average is 6.0%.

Nereson has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.

Tax Rates for Nereson
- The Sales Tax Rate for Nereson is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Nereson 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 Nereson
- The average income of a Nereson resident is $33,350 a year. The US average is $37,638 a year.
- The Median household income of a Nereson resident is $63,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNereson, MinnesotaUnited States
  3.96
  -0.9%-6.2%
  8.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $33,350$37,638
  $63,125$69,021
  $63,750$85,028
  Population by Occupation
  32.1%1.2%
  0.0%0.5%
  0.0%6.8%
  3.6%10.0%
  14.3%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  3.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  39.3%14.0%
  0.0%2.1%
  0.0%7.0%
  7.1%4.8%
  0.0%4.7%
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