Tynsid, MN is a small city located in the Midwest. It is known for its relatively low cost of living, with two bedroom rent being $810 compared to the U.S. average of $1,430. Additionally, the Grocery Cost Index in Tysid is 96 points, versus 100 in the US. The city is home to several local companies and attractions such as John's Coffee Shop, which has been serving up hot coffee since 1941 and Smith's Amusement Park, which has been providing family fun since 1975. Other businesses in Tynsid include Anderson Auto Parts, McDaniel's Bookshop and Dave's Pizza Parlor. With its affordable cost of living and range of businesses and attractions to choose from, it's no wonder that locals love calling Tynsid their home!
Tynsid has an unemployment rate of 4.9%. The US average is 6.0%.
Tynsid has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Tynsid
- The Sales Tax Rate for Tynsid is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Tynsid 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 Tynsid
- The average income of a Tynsid resident is $41,104 a year. The US average is $37,638 a year.
- The Median household income of a Tynsid resident is $129,063 a year. The US average is $69,021 a year.