Nevis, MN is a small town located in the Heartland of America. It has a population of 495 people and is known for its peaceful environment. Rent for two bedrooms in Nevis is very affordable, amounting to only $950 per month, compared to the US average of $1,430 per month. Its grocery cost index is also very competitive as it is equal to the US average of 100. This makes it an ideal spot for those looking to save money without sacrificing quality amenities. The city offers great services from local businesses such as Danielson Grocery stores, Venture North Bike and Ski Shops, and Bank West branches. Additionally, there are plenty of recreational activities available including camping, fishing and kayaking on beautiful Lake Bena and golfing at Eagle View Golf Course.
Nevis has an unemployment rate of 6.1%. The US average is 6.0%.
Nevis has seen the job market increase by 6.6% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.
Tax Rates for Nevis
- The Sales Tax Rate for Nevis is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Nevis 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 Nevis
- The average income of a Nevis resident is $17,326 a year. The US average is $28,555 a year.
- The Median household income of a Nevis resident is $50,536 a year. The US average is $69,021 a year.