Savannah, MN is a small town located in Wabasha County with a population of just over 700 people. It offers a peaceful and tranquil lifestyle for its residents, as well as access to local resources and businesses. The average 2 bedroom rent in Savannah is $910 per month compared to the US 2 Bedroom Rent of $1,430. The grocery cost index in Savannah is 98 against 100 nationally. This means that overall, Savannah has an affordable cost of living when compared to other parts of the US. Local companies that are located in the area include Wabasha-Kellogg School District, Harmony Foods Co-op and Valley View Medical Center. There is also access to numerous shops and restaurants as well as recreational activities making it an ideal place to live or visit.
Savannah has an unemployment rate of 5.3%. The US average is 6.0%.
Savannah 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 Savannah
- The Sales Tax Rate for Savannah is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Savannah 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 Savannah
- The average income of a Savannah resident is $22,667 a year. The US average is $28,555 a year.
- The Median household income of a Savannah resident is $88,750 a year. The US average is $69,021 a year.