Nesbit, MN is a small town located in St. Louis County that offers its inhabitants a good quality of life. The 2-bedroom rent in this town is much lower than the US average, making it an attractive option for those who are working with a tight budget. Even the grocery cost index in Nesbit is cheaper than in the US, making it an ideal place to live and save money. In Nesbit you can find local businesses such as Smith Siding & Windows and K & W Enterprises. With its low rents and general cost of living, Nesbit is a great place to call home.
Nesbit has an unemployment rate of 4.9%. The US average is 6.0%.
Nesbit has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Nesbit
- The Sales Tax Rate for Nesbit is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Nesbit 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 Nesbit
- The average income of a Nesbit resident is $31,264 a year. The US average is $28,555 a year.
- The Median household income of a Nesbit resident is $122,500 a year. The US average is $69,021 a year.