Swede Praire, MN is a small town located in Minnesota. It is known for its strong community atmosphere and for being home to many local businesses. Some of the businesses located in Swede Praire are Hansen's Grocery Store, Olson Orthodontics, and the Swedish Village Bakery. The cost of rent for two bedrooms in Swede Prairie is significantly lower than the national average of $1,430 with an average cost of $840. Also the grocery cost index in Swede Prairie is 94 compared to the US average of 100. This makes it much more affordable to live in Swede Prairie than other areas of the country.
Swede Prairie has an unemployment rate of 4.4%. The US average is 6.0%.
Swede Prairie has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Swede Prairie
- The Sales Tax Rate for Swede Prairie is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Swede Prairie 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 Swede Prairie
- The average income of a Swede Prairie resident is $32,997 a year. The US average is $28,555 a year.
- The Median household income of a Swede Prairie resident is $76,250 a year. The US average is $69,021 a year.