Taunton, MN is a small town located in the southeastern portion of Minnesota. It is an ideal place for those seeking to enjoy a laid-back lifestyle without having to pay high costs of living. The 2 bedroom rent in Taunton, MN is $800 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Taunton, MN is 93 versus 100 in the US. \nTaunton, MN offers some interesting local businesses and attractions. A few notable companies include C&C Metal Products which manufactures metal structures for buildings and BKB Express which provides transport services throughout the region. The city also boasts several historic sites such as old churches and cemeteries with historical significance. Nature lovers can take advantage of nearby forests and lakes where they can go kayaking or bird watching. With its low cost of living and abundance of activities to explore, Taunton MN is an ideal destination for those who want to escape the hustle and bustle of city life.
Taunton has an unemployment rate of 4.2%. The US average is 6.0%.
Taunton has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Taunton
- The Sales Tax Rate for Taunton is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Taunton 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 Taunton
- The average income of a Taunton resident is $16,149 a year. The US average is $28,555 a year.
- The Median household income of a Taunton resident is $48,958 a year. The US average is $69,021 a year.