East Bethel, MN Economy


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East Bethel, MN is an ideal place for people looking for an affordable place to live. It is situated in the north of the country, which means it has access to a variety of outdoor activities and beautiful scenery. The average two bedroom rental price in East Bethel is $1,600 compared to $1,430 across the US, making it a much more affordable option for those with limited budgets. Furthermore, the Grocery Cost Index in East Bethel is 101 versus 100 in the US meaning that groceries are comparatively cheaper here as well.
East Bethel is home to several local companies such as K&B Lumber Company and Lighthouse Electric Company LLC that offer a great range of services and products. Residents here can enjoy the small-town feel while still having access to all modern amenities. Moreover, it is located close to bigger cities such as Minneapolis-Saint Paul making it easy for residents to travel for work or leisure purposes if needed.
In conclusion, East Bethel is an ideal location for those who are looking for an affordable yet comfortable lifestyle without giving up their creature comforts. It has plenty of job opportunities and entertainment options available and provides a safe environment with a warm sense of community.

East Bethel has an unemployment rate of 4.4%. The US average is 6.0%.

East Bethel has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for East Bethel
- The Sales Tax Rate for East Bethel is 7.1%. The US average is 7.3%.
- The Income Tax Rate for East Bethel 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 East Bethel
- The average income of a East Bethel resident is $42,773 a year. The US average is $37,638 a year.
- The Median household income of a East Bethel resident is $101,949 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Bethel, MinnesotaUnited States
  4.46
  -3.7%-6.2%
  35.9%33.5%
  7.1%6.2%
  7.1%4.6%
  $42,773$37,638
  $101,949$69,021
  $113,333$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  18.0%6.8%
  15.5%10.0%
  1.6%2.5%
  7.4%11.0%
  6.9%4.8%
  1.0%0.8%
  0.9%1.9%
  4.3%4.7%
  1.4%1.9%
  7.5%7.6%
  0.2%0.1%
  3.1%4.2%
  5.4%9.3%
  13.9%14.0%
  1.0%2.1%
  2.9%7.0%
  3.5%4.8%
  4.2%4.7%
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