Sand Creek, MN is a small city located in the midwestern United States. It has a population of under 10,000 people and is known for its low-cost housing and affordable amenities. The average rent for a two-bedroom apartment in Sand Creek is $1,480, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Sand Creek is 102 compared to the US average of 100; this suggests that groceries may be slightly more expensive when purchased locally in Sand Creek. Local companies such as Miller's Bakery, Krafts Carpet Cleaning, and Perry Auto Parts all contribute to Sand Creek's economy by providing services and goods at competitive prices. Although the cost of living in Sand Creek is slightly higher than the national average, many residents consider it a great place to live due to its small-town atmosphere and close proximity to larger cities like Minneapolis.
Sand Creek has an unemployment rate of 4.1%. The US average is 6.0%.
Sand Creek has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Sand Creek
- The Sales Tax Rate for Sand Creek is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sand Creek 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 Sand Creek
- The average income of a Sand Creek resident is $46,441 a year. The US average is $37,638 a year.
- The Median household income of a Sand Creek resident is $95,000 a year. The US average is $69,021 a year.