North, MN is a great place to live because it offers low housing and grocery costs compared to other cities in the US. The two bedroom rent in North, MN is $950 compared to the US average of $1,430 while the Grocery Cost Index in North is 96 versus 100 in the US. This makes North an attractive option for people looking for an affordable place to live. Local companies in the area include Walmart, Target, Kwik Trip, and Menards. Together with low rent and grocery costs, these companies provide plenty of job opportunities for locals. All of these factors contribute to North's reputation as an affordable city with a low cost of living.
North has an unemployment rate of 5.7%. The US average is 6.0%.
North has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for North
- The Sales Tax Rate for North is 6.9%. The US average is 7.3%.
- The Income Tax Rate for North 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 North
- The average income of a North resident is $36,346 a year. The US average is $28,555 a year.
- The Median household income of a North resident is $98,281 a year. The US average is $69,021 a year.