Pickerel Lake, MN is a vibrant town located in the Midwest. It is a great place to live with many different local companies and attractions. Rent for a two-bedroom apartment is significantly cheaper than the national average at $890 per month. Grocery costs are also lower in Pickerel Lake, coming in at 94, compared to 100 nationally. Local companies that can be found in Pickerel Lake include Grocery Mart, a popular grocery store, and Smith's Hardware Store, which offers quality hardware products for both residential and commercial purposes. Popular attractions include the historic Sandby House Museum and the scenic River Walk Park, which offers beautiful views of the nearby lake.
Pickerel Lake has an unemployment rate of 4.5%. The US average is 6.0%.
Pickerel Lake has seen the job market decrease by -0.4% 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 Pickerel Lake
- The Sales Tax Rate for Pickerel Lake is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Pickerel Lake 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 Pickerel Lake
- The average income of a Pickerel Lake resident is $35,710 a year. The US average is $28,555 a year.
- The Median household income of a Pickerel Lake resident is $94,688 a year. The US average is $69,021 a year.