Lyon, MN County is an excellent place to call home. It is located in the state of Minnesota and offers its residents a charming small-town atmosphere with plenty of amenities to enjoy. The county boasts a low cost of living, with 2 bedroom rent coming in at $830 compared to the national average of $1,430. Additionally, the grocery cost index in Lyon County is 94 versus the US average of 100 which further helps keep costs down. Despite its relatively small population, Lyon offers a great selection of local companies such as Bank Midwest and the Lyon County Co-op Credit Union for banking services, plus K&L Electric and Hall Garage Doors for repair services. With all these great benefits, Lyon is an ideal spot for anyone looking for an affordable yet comfortable lifestyle.
Lyon County has an unemployment rate of 4.2%. The US average is 6.0%.
Lyon County has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Lyon County
- The Sales Tax Rate for Lyon County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Lyon County 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 Lyon County
- The average income of a Lyon County resident is $27,787 a year. The US average is $28,555 a year.
- The Median household income of a Lyon County resident is $62,388 a year. The US average is $69,021 a year.