Trommald, MN is an attractive city for those looking for affordable living. The average rent for a 2 bedroom in Trommald is $1,010, which is much less than the US average of $1,430. Additionally, the Grocery Cost Index is 94 versus the US index of 100, making it a great destination to purchase food and other necessary items at a lower cost. There are many leading companies located in Trommald such as Helmer’s Manufacturing Inc., Semelka Construction and Supply Company and Williams Plumbing and Heating Company. These companies offer local employment opportunities and contribute to the overall economy of Trommald.
Trommald has an unemployment rate of 6.0%. The US average is 6.0%.
Trommald has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Trommald
- The Sales Tax Rate for Trommald is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Trommald 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 Trommald
- The average income of a Trommald resident is $19,783 a year. The US average is $37,638 a year.
- The Median household income of a Trommald resident is $47,292 a year. The US average is $69,021 a year.