Ross, MN is a small town located in Minnesota with an approximate population of 700 people. The cost of living is relatively inexpensive compared to other cities in the US, with the average 2 bedroom rent being around $880 and grocery cost index at 96 versus 100 in the US on average. Ross is home to various local companies such as Goldsmith Construction, MVP Machine Works, and Waterworks Irrigation. Despite its small size, Ross continues to attract new businesses due to its low cost of living and bustling economy.
Ross has an unemployment rate of 3.9%. The US average is 6.0%.
Ross has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Ross
- The Sales Tax Rate for Ross is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ross 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 Ross
- The average income of a Ross resident is $35,176 a year. The US average is $37,638 a year.
- The Median household income of a Ross resident is $77,917 a year. The US average is $69,021 a year.