Round Lake, MN is a small town located in the Midwestern United States. It offers affordable housing with two bedroom rental prices at $910, compared to the US average of $1,430. The grocery cost index is 93, which is 7 lower than the US average. There are numerous local businesses that call Round Lake home such as County Market, Allstate Insurance, and Dunn's Auto Repair. These businesses provide jobs and services to the community that make life in Round Lake more enjoyable and convenient.
Round Lake has an unemployment rate of 3.7%. The US average is 6.0%.
Round Lake has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Round Lake
- The Sales Tax Rate for Round Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Round Lake 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 Round Lake
- The average income of a Round Lake resident is $20,990 a year. The US average is $28,555 a year.
- The Median household income of a Round Lake resident is $54,000 a year. The US average is $69,021 a year.