West Roy Lake, MN is located in the northern part of Minnesota and is a great place to live for those looking for an affordable place to rent with access to groceries. The average two bedroom rent is $810 which is significantly lower than the national rate of $1,430. Additionally, the grocery cost index in West Roy Lake is 93 versus 100 in the US making it an even more affordable place to live. Some local companies include Northern Lights Industries and Miller's Construction Company. There are lots of recreational activities available such as fishing on the lake, camping, hiking trails, skiing at nearby resorts and snowmobiling trails. There are also plenty of restaurants and shopping centers in town where you can enjoy a day out with friends or family.
West Roy Lake has an unemployment rate of 8.1%. The US average is 6.0%.
West Roy Lake has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for West Roy Lake
- The Sales Tax Rate for West Roy Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for West Roy Lake 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 West Roy Lake
- The average income of a West Roy Lake resident is $14,062 a year. The US average is $37,638 a year.
- The Median household income of a West Roy Lake resident is $0 a year. The US average is $69,021 a year.