Runeberg, MN is a small town located in Minnesota with a population of approximately 1,500 people. This quaint community has several local businesses including Runeberg Grocery Store, Runeberg Library, and the Runeberg Bar & Grill. The cost of renting a two-bedroom apartment in Runeberg is $960 per month which is lower than the national average of $1,430. Groceries are also more affordable in Runeberg with an index score of 95 compared to 100 nationally. It’s easy to see why so many people choose to live in this small-town paradise with its low cost of living and close-knit community feel.
Runeberg has an unemployment rate of 5.3%. The US average is 6.0%.
Runeberg has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Runeberg
- The Sales Tax Rate for Runeberg is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Runeberg 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 Runeberg
- The average income of a Runeberg resident is $15,617 a year. The US average is $28,555 a year.
- The Median household income of a Runeberg resident is $68,571 a year. The US average is $69,021 a year.