Roscoe, MN is a small town located in the midwest with a population of approximately 400 people. It is known for its friendly atmosphere and charming local businesses. Rent for two-bedroom apartments is quite affordable at only $850 per month, making it an attractive option for many people. Additionally, the Grocery Cost Index in Roscoe is 95 compared to the US average of 100, suggesting that groceries in Roscoe are more affordable than elsewhere in the country. Local businesses include cafes like Cup o Joe's Coffee House and art galleries such as Lockwood Galleries & Gifts. In summary, Roscoe offers low cost of living with attractive rent prices and grocery costs. Furthermore, it provides a friendly atmosphere with numerous locally-owned businesses to explore.
Roscoe has an unemployment rate of 4.7%. The US average is 6.0%.
Roscoe has seen the job market decrease by -2.4% 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 Roscoe
- The Sales Tax Rate for Roscoe is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Roscoe 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 Roscoe
- The average income of a Roscoe resident is $20,901 a year. The US average is $37,638 a year.
- The Median household income of a Roscoe resident is $0 a year. The US average is $69,021 a year.