Spring Brook, MN is a small city that offers affordable living for its residents. The 2 bedroom rent is $930 which is significantly lower than the US rate of $1,430. Its grocery cost index is also 92 versus 100 in the US, making it an economical place to live. In addition to the low costs of living, Spring Brook boasts a number of local companies and attractions. For instance, Moore’s Nursery provides locally grown produce and garden supplies to area residents; while the Rookery Golf Club offers championship golf courses for those looking to hit the greens. Other local businesses include Country Quilt Shoppe and Spring Brook Veterinary Clinic. Nature enthusiasts can take advantage of nearby parks such as McKaskey Creek Park which offers walking trails and picnic areas.
Spring Brook has an unemployment rate of 4.0%. The US average is 6.0%.
Spring Brook has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Spring Brook
- The Sales Tax Rate for Spring Brook is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Spring Brook 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 Spring Brook
- The average income of a Spring Brook resident is $29,359 a year. The US average is $37,638 a year.
- The Median household income of a Spring Brook resident is $38,750 a year. The US average is $69,021 a year.