Pemberton, MN is an excellent city to live in. It has a wide range of amenities, businesses, and attractions that make it an attractive place to live. The average two bedroom rent in Pemberton is $1,120 which is significantly lower than the US average of $1,430. This makes it a great option for those looking for affordable housing. Additionally, the grocery cost index in Pemberton is 96 versus 100 in the US. This makes food affordable and convenient to buy compared to other cities. There are many local companies within the city such as Pemberton Bikes, Caron Painting & Decorating and Kirkland Construction which provide goods and services at competitive prices. All these factors combined make Pemberton a great value place to live with its low cost of living.
Pemberton has an unemployment rate of 3.9%. The US average is 6.0%.
Pemberton has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.
Tax Rates for Pemberton
- The Sales Tax Rate for Pemberton is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pemberton 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 Pemberton
- The average income of a Pemberton resident is $22,845 a year. The US average is $28,555 a year.
- The Median household income of a Pemberton resident is $54,861 a year. The US average is $69,021 a year.