Pike Creek, MN is a small town located in Ramsey County with an estimated population of 4,000 residents. The average cost of rent for two-bedroom apartments is lower than the US average at $820 compared to $1,430. Local businesses in Pike Creek are varied and include grocery stores, restaurants, clothing stores, and more. The Grocery Cost Index in Pike Creek is 97 which is less than the US average index score of 100. This indicates that the cost of living in Pike Creek is lower than other parts of the country. With affordable housing costs and low cost of living expenses, Pike Creek can be an attractive place to live for those seeking a suburban feel without the hefty price tag.
Pike Creek has an unemployment rate of 7.1%. The US average is 6.0%.
Pike Creek has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Pike Creek
- The Sales Tax Rate for Pike Creek is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pike Creek 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 Creek
- The average income of a Pike Creek resident is $23,605 a year. The US average is $28,555 a year.
- The Median household income of a Pike Creek resident is $67,212 a year. The US average is $69,021 a year.