Shelburne, MN is a small town that offers a peaceful environment for those looking for a rural life. The average two bedroom rent in the area is $830 which is significantly lower than the national average of $1,430. Additionally, Shelburne offers residents an affordable cost of living with its Grocery Cost Index being 93 while the US index is at 100. Businesses in the area include local farms and hardware stores, as well as convenience stores, gas stations, churches and restaurants. With low prices across the board, Shelburne offers an unbeatable quality of life at an affordable price.
Shelburne has an unemployment rate of 4.2%. The US average is 6.0%.
Shelburne has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Shelburne
- The Sales Tax Rate for Shelburne is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Shelburne 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 Shelburne
- The average income of a Shelburne resident is $41,876 a year. The US average is $37,638 a year.
- The Median household income of a Shelburne resident is $128,269 a year. The US average is $69,021 a year.