Pelican Rapids, MN is an idyllic small town located in the heart of Minnesota. With its stunning landscapes, warm and welcoming people, and great local amenities, it is the perfect place to settle down. It offers a range of affordable housing options, with two-bedroom rentals costing only $990 per month— considerably less than the national average of $1,430. The cost of living is also much more attractive here than other parts of the country; the Grocery Cost Index in Pelican Rapids is just 99 compared to 100 in the US. There are plenty of businesses that cater to locals as well as tourists— from grocery stores like Pelican Valley Supermarket to shopping centers such as Lakeshore Mall; restaurants like Charlie’s Grill & Bar; banks like Citizens Bank; and service providers like Pelican Rapids Public Utilities. Whether you’re looking for a place to call home or just visiting for a day trip, Pelican Rapids will not disappoint!
Pelican Rapids has an unemployment rate of 5.3%. The US average is 6.0%.
Pelican Rapids has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Pelican Rapids
- The Sales Tax Rate for Pelican Rapids is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pelican Rapids 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 Pelican Rapids
- The average income of a Pelican Rapids resident is $17,833 a year. The US average is $28,555 a year.
- The Median household income of a Pelican Rapids resident is $55,125 a year. The US average is $69,021 a year.