Trimont, MN is a small town located in Martin County with an estimated population of 792. The cost of living in Trimont is quite reasonable; 2 bedroom apartments rent for $870 per month compared to the US average of $1,430 a month. Additionally, the Grocery Cost Index in Trimont is 93 versus 100 in the US. This combination makes it an attractive settlement for those looking to save money on their living expenses. Locally, there are a variety of businesses including JRP Landscaping and Design, First National Bank & Trust Company of Fairmont and Fink’s Service Station.
Trimont has an unemployment rate of 4.3%. The US average is 6.0%.
Trimont has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Trimont
- The Sales Tax Rate for Trimont is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Trimont 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 Trimont
- The average income of a Trimont resident is $24,410 a year. The US average is $28,555 a year.
- The Median household income of a Trimont resident is $60,227 a year. The US average is $69,021 a year.