Odin, MN is a small town located in Redwood county. It has a population of just over 500 people and offers affordable living opportunities. The average two-bedroom rent in Odin is $810, well below the US average of $1,430. Grocery costs also remain low with an index score of 93 compared to the US average of 100. There are several local businesses in Odin that provide goods and services for residents including Mark's Market for groceries, Prince's Barbershop for haircuts, and Reel 'Em In Charters for fishing trips. Despite its size, Odin provides many amenities that make it a great place to live such as parks, libraries, churches and other places of worship.
Odin has an unemployment rate of 4.5%. The US average is 6.0%.
Odin has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Odin
- The Sales Tax Rate for Odin is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Odin 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 Odin
- The average income of a Odin resident is $17,964 a year. The US average is $37,638 a year.
- The Median household income of a Odin resident is $33,125 a year. The US average is $69,021 a year.