Nunda, MN is a small town that has a population of around 1,000 people. It is located in the southeastern corner of the state and is known for its rural charm and tightknit community atmosphere. The cost of living in Nunda is slightly lower than the national average with the rent for two-bedroom apartments being $870 compared to the US average of $1,430. Additionally, grocery costs are 94 versus 100 in the US. Local businesses you can find in Nunda include PDQ Market, ABC Gas Station & Cafe, and BB Carpentry. All these amenities make it easy to settle down in this peaceful community while enjoying more affordable expenses compared to larger cities.
Nunda has an unemployment rate of 4.5%. The US average is 6.0%.
Nunda has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Nunda
- The Sales Tax Rate for Nunda is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Nunda 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 Nunda
- The average income of a Nunda resident is $32,662 a year. The US average is $37,638 a year.
- The Median household income of a Nunda resident is $96,250 a year. The US average is $69,021 a year.