Strandquist, MN is a small town located in the northwestern region of Minnesota. It is known for its peaceful environment and low cost of living which makes it a great option for those looking to settle down in a small town. It is home to several local businesses such as Naigel's Market, The Strandquist Hotel & Bar, and Country Lane Cafe & Bakery. In addition to having a low rent rate of $810 for two bedrooms, Strandquist also has an affordable grocery cost index at 93 compared to the US at 100. The city also offers plenty of outdoor recreation activities with its nearby lakes and parks, as well as cultural festivals throughout the year.
Strandquist has an unemployment rate of 6.6%. The US average is 6.0%.
Strandquist has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Strandquist
- The Sales Tax Rate for Strandquist is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Strandquist 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 Strandquist
- The average income of a Strandquist resident is $17,895 a year. The US average is $28,555 a year.
- The Median household income of a Strandquist resident is $26,625 a year. The US average is $69,021 a year.