Randall, MN is a small rural town located in Minnesota. It has a population of 876 people as of 2019. The cost of living in Randall, MN is quite reasonable when compared to the US average. According to Rent Jungle, the median rent for a two-bedroom apartment in Randall is roughly $830 per month, which is much less than the US median at $1,430. Furthermore, the Grocery Cost Index in Randall is 97 versus 100 in the US. This makes everyday purchases significantly more affordable for residents.
Randall supports small businesses and local companies such as Roger's Electric Co-op and Przybylski's Bar & Grill. Rogers Electric Co-op provides electrical services to its members while Przybylski’s Bar & Grill offers great food with excellent customer service at an affordable price. In general, folks who live in Randall are able to enjoy their lives without worrying about having to pay too much for rent or groceries because the cost of living is low compared to the US average.
Randall has an unemployment rate of 7.1%. The US average is 6.0%.
Randall 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 Randall
- The Sales Tax Rate for Randall is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Randall 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 Randall
- The average income of a Randall resident is $19,978 a year. The US average is $28,555 a year.
- The Median household income of a Randall resident is $49,821 a year. The US average is $69,021 a year.