Spruce, MN is a wonderful city located in Minnesota. It is known for its low cost of living, with two bedroom rental prices at $890 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index in Spruce is 97 versus 100 in the US. This makes it an affordable place to live.
Residents in Spruce also have access to plenty of job opportunities with many local businesses such as Star Publishing Co., Design Alternatives Inc., and Inland Technologies Inc. The city also offers great recreational activities like bowling and camping at nearby Metigoshe State Park.
Overall, Spruce, MN is a great place to live because of its affordability, location near major cities such as Minneapolis-St. Paul, and its abundance of local companies for employment and recreational activities.
Spruce has an unemployment rate of 3.9%. The US average is 6.0%.
Spruce has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Spruce
- The Sales Tax Rate for Spruce is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Spruce 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 Spruce
- The average income of a Spruce resident is $25,953 a year. The US average is $28,555 a year.
- The Median household income of a Spruce resident is $90,833 a year. The US average is $69,021 a year.