Reis, MN is a small town located on the banks of the Mississippi River in Minnesota. It is a great place for families to live due to its low rent costs and affordable groceries. The average rent for a two bedroom apartment is $910 compared to the US average of $1,430. In addition, Reis has an index of 93 compared to 100 for the US when it comes to grocery cost index.
Reis is home to many local businesses and companies including Bakken Oil Works, Reis Landing Marina, and Wapiti Woodworks. Bakken Oil Works provides services related to oil extraction and production in North Dakota and Montana. Reis Landing Marina offers boat rental services along with fishing charters and other activities for those looking to explore the river. Lastly, Wapiti Woodworks specializes in wood craftsmanship such as furniture making, cabinetry, and custom projects.
Reis has an unemployment rate of 4.9%. The US average is 6.0%.
Reis has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Reis
- The Sales Tax Rate for Reis is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Reis 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 Reis
- The average income of a Reis resident is $23,087 a year. The US average is $28,555 a year.
- The Median household income of a Reis resident is $152,946 a year. The US average is $69,021 a year.