West Valley, MN is a small town located in the western part of Minnesota. It is known for its friendly atmosphere and diverse economy. The rent for a two bedroom apartment here is $820 which is significantly cheaper than the national average of $1,430. Grocery costs are also lower than average as the grocery cost index in West Valley, MN is 95 compared to 100 in the US. This makes living in West Valley an attractive option for those looking for an affordable place to live. There are many local businesses based in West Valley including several restaurants, grocery stores, retail shops and other small businesses. With its low cost of living and vibrant local economy, West Valley offers a great opportunity for those looking for an affordable place to settle down or start a business.
West Valley has an unemployment rate of 6.6%. The US average is 6.0%.
West Valley has seen the job market increase by 0.2% 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 West Valley
- The Sales Tax Rate for West Valley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for West Valley 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 Valley
- The average income of a West Valley resident is $34,243 a year. The US average is $37,638 a year.
- The Median household income of a West Valley resident is $69,375 a year. The US average is $69,021 a year.