Rock, MN is a small city located in the state of Minnesota. It is known for its affordability and family-friendly activities. The rental market in Rock, MN is highly competitive with 2-bedroom apartments available for only $810 per month, compared to the national average of $1,430. Additionally, the grocery cost index in Rock is 95 compared to 100 in the US, making groceries more affordable there.
Rock, MN also has a thriving business community with many local companies such as Acme Industries, Better Foods Grocery Store, and Midtown Coffee House. Local businesses bring jobs to residents and provide an economic boost to the area. Furthermore, local businesses often host events and activities that benefit the community as a whole.
Rock has an unemployment rate of 5.1%. The US average is 6.0%.
Rock has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Rock
- The Sales Tax Rate for Rock is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Rock 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 Rock
- The average income of a Rock resident is $42,945 a year. The US average is $28,555 a year.
- The Median household income of a Rock resident is $42,000 a year. The US average is $69,021 a year.