Rockville, Minnesota is a great place to live and work. It has a low cost of living with an average two bedroom rent of just $980 compared to the US average of $1,430. It also features a grocery cost index of 99 versus 100 in the US. The area is home to a variety of businesses including BankVista, Rockwood Manufacturing Company, and Big Box Stores. Additionally, Rockville boasts numerous parks and recreation opportunities for residents to enjoy. With its low cost of living and diverse offerings for both businesses and individuals, Rockville makes for an ideal location to settle down.
Rockville has an unemployment rate of 4.7%. The US average is 6.0%.
Rockville 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 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Rockville
- The Sales Tax Rate for Rockville is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Rockville 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 Rockville
- The average income of a Rockville resident is $30,028 a year. The US average is $28,555 a year.
- The Median household income of a Rockville resident is $91,250 a year. The US average is $69,021 a year.