Westbrook, MN is a small town in Southwest Minnesota with a population of 1,200. The town has a friendly and welcoming atmosphere, with many local businesses that contribute to the community. Examples of businesses in Westbrook include Blom Ford & Blom Chevrolet, Westbrook Telephone Company, and Sunset Country Co-op. Rent prices in Westbrook are quite affordable compared to other parts of the country. The average rent for a two-bedroom apartment is $840, which is 40% less than the national average rent of $1,430 for the same size apartment. Additionally, grocery costs in Westbrook are seven percent lower than the US average index score of 100. This makes living in Westbrook an attractive option for those looking for an affordable place to live.
Westbrook has an unemployment rate of 4.1%. The US average is 6.0%.
Westbrook has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Westbrook
- The Sales Tax Rate for Westbrook is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Westbrook 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 Westbrook
- The average income of a Westbrook resident is $20,203 a year. The US average is $28,555 a year.
- The Median household income of a Westbrook resident is $38,281 a year. The US average is $69,021 a year.