South Fork, MN is a small town located in the South Central part of the state. It has a quiet atmosphere and many people enjoy living here due to its close proximity to nature and wildlife areas. The average 2 Bedroom Rent in South Fork is significantly lower than the national average of $1,430 per month. Additionally, the Grocery Cost Index in South Fork is 97 compared to 100 nationally, making groceries relatively affordable for residents. Local companies include Southfork Restaurant, which serves delicious meals and desserts made with local ingredients; Cedar Valley Supply Co., which offers hardware supplies for construction projects; and Klapperich Farms, which produces farm-fresh produce year-round. With its close-knit community and family-friendly atmosphere, South Fork is an ideal place for families or anyone looking for a peaceful rural lifestyle.
South Fork has an unemployment rate of 8.8%. The US average is 6.0%.
South Fork has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for South Fork
- The Sales Tax Rate for South Fork is 6.9%. The US average is 7.3%.
- The Income Tax Rate for South Fork 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 South Fork
- The average income of a South Fork resident is $23,898 a year. The US average is $28,555 a year.
- The Median household income of a South Fork resident is $75,682 a year. The US average is $69,021 a year.