Pike, MN is a small town located in the US. It's a great place to live with an affordable cost of living. The rent for two-bedroom apartments is only $1,320 while the US average is $1,430. Grocery costs are even cheaper at 94 compared to the national index of 100. There are a number of local businesses in Pike that provide quality goods and services such as Piketown Hardware Store, Pike Tavern, and Anezka Bakery. These businesses offer unique products and services that make life in Pike comfortable and enjoyable.
Pike has an unemployment rate of 4.8%. The US average is 6.0%.
Pike has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Pike
- The Sales Tax Rate for Pike is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Pike 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 Pike
- The average income of a Pike resident is $27,308 a year. The US average is $28,555 a year.
- The Median household income of a Pike resident is $51,932 a year. The US average is $69,021 a year.