Tunsberg, MN Economy


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United States / Minnesota / No Metro Area / Chippewa County / Tunsberg / Zip Codes
Tunsberg, MN is a small city located in the Midwest that offers its residents an affordable cost of living. The average 2 bedroom rent is $780, which is significantly lower than the US average of $1,430 per month. Additionally, grocery costs are 8 points lower than the national index score of 100. The city also boasts a number of major businesses such as Target Corporation and 3M Corporation who offer jobs to the local community. Overall Tunsberg, MN provides an affordable and thriving environment for those looking for a place to live or work.

Tunsberg has an unemployment rate of 4.4%. The US average is 6.0%.

Tunsberg has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Tunsberg
- The Sales Tax Rate for Tunsberg is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Tunsberg 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 Tunsberg
- The average income of a Tunsberg resident is $30,223 a year. The US average is $28,555 a year.
- The Median household income of a Tunsberg resident is $76,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTunsberg, MinnesotaUnited States
  4.46
  -2.9%-6.2%
  24.4%33.5%
  6.9%6.2%
  7.1%4.6%
  $31,790$37,638
  $76,250$69,021
  $82,500$85,028
  Population by Occupation
  24.7%1.2%
  0.0%0.5%
  3.2%6.8%
  9.7%10.0%
  8.6%2.5%
  5.4%11.0%
  1.1%4.8%
  2.2%0.8%
  0.0%1.9%
  3.2%4.7%
  2.2%1.9%
  2.2%7.6%
  0.0%0.1%
  4.3%4.2%
  2.2%9.3%
  18.3%14.0%
  0.0%2.1%
  2.2%7.0%
  6.5%4.8%
  4.3%4.7%
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