Vega, MN is a small but vibrant town located in the Midwest. It has plenty to offer for those looking for an affordable living option. The average two bedroom rent is only $950, significantly cheaper than the US average of $1,430. Further to that, prices on groceries are also lower in Vega at 94 compared with the US index of 100.
For those who wish to work locally, there are numerous companies that have put down roots here such as Rushmore Interiors, a furniture store, Vista Financial Planning Services and Vega Cleaning Services. Although it may not be as bustling or as well known as some other cities in the US, Vega gives its inhabitants the opportunity to live comfortably without breaking their wallets.
Vega has an unemployment rate of 6.6%. The US average is 6.0%.
Vega has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Vega
- The Sales Tax Rate for Vega is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Vega 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 Vega
- The average income of a Vega resident is $33,919 a year. The US average is $28,555 a year.
- The Median household income of a Vega resident is $81,875 a year. The US average is $69,021 a year.