New Haven, MN is an excellent place to live. Located in the state of Minnesota, this city is known for its beautiful scenery and friendly people. Not only does New Haven have great attractions like Lake Elmo Park Reserve, but it also has a cost of living that is slightly lower than other areas of the United States. The average two-bedroom rent in New Haven is $1,240 while the US average is $1,430. Additionally, the grocery cost index in New Haven is 101 compared to 100 in the US.
This city also has some great local companies such as Riverbend Childcare Center and Hoffmann Auto Body. Famous landmarks located in this area include Bald Eagle Lake Regional Park and Cedar Creek Grist Mill. There are plenty of attractive attractions located near New Haven including the Minnesota Landscape Arboretum and St Paul's Cathedral which are both popular tourist sites. Overall, New Haven has a lot to offer residents looking for a laid back lifestyle combined with modern amenities and conveniences.
New Haven has an unemployment rate of 3.7%. The US average is 6.0%.
New Haven has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for New Haven
- The Sales Tax Rate for New Haven is 8.1%. The US average is 7.3%.
- The Income Tax Rate for New Haven 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 New Haven
- The average income of a New Haven resident is $46,418 a year. The US average is $28,555 a year.
- The Median household income of a New Haven resident is $112,900 a year. The US average is $69,021 a year.