Nisswa, MN is a small town located in central Minnesota and has become increasingly popular with tourists due to its picturesque lakefront scenery and outdoor activities. With a cost of living index of 101 compared to the US average of 100, it is still an affordable place to live for those looking for an escape. The median two bedroom rent is $1,030 per month, significantly lower than the US median of $1,430 per month. Local businesses such as Nisswa Family Grocery & Deli, Nisswa General Store and The Chocolate Ox offer convenient services for residents and visitors alike. With its parks, trails and waterfront access, Nisswa is the perfect spot for families seeking a peaceful retreat.
Nisswa has an unemployment rate of 6.0%. The US average is 6.0%.
Nisswa has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Nisswa
- The Sales Tax Rate for Nisswa is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Nisswa 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 Nisswa
- The average income of a Nisswa resident is $34,426 a year. The US average is $28,555 a year.
- The Median household income of a Nisswa resident is $84,500 a year. The US average is $69,021 a year.