Sullivan, MN is a small city located in the midwest region of the United States. It has a population of just over 7,000 people and offers an affordable cost of living. The 2 bedroom rent in Sullivan is $810 per month, far below the US average of $1,430. This low rent makes it ideal for anyone looking to save money on housing expenses. Additionally, groceries are also relatively inexpensive due to its grocery cost index being equal to that of the US as whole.
There are several local companies that serve Sullivan and its surrounding area including Sullivan Veterinary Clinic, Redwood Valley Bank, Mangold Ford Inc., and Rustic Pines Furniture Company. These businesses provide a variety of services and resources for locals to take advantage of.
Sullivan has an unemployment rate of 4.9%. The US average is 6.0%.
Sullivan has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Sullivan
- The Sales Tax Rate for Sullivan is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Sullivan 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 Sullivan
- The average income of a Sullivan resident is $28,582 a year. The US average is $28,555 a year.
- The Median household income of a Sullivan resident is $93,750 a year. The US average is $69,021 a year.