Mower County, Minnesota is located in the southeastern corner of the state near Iowa and has a population of about 19,000 people. The area is home to many local companies such as Anderson Motors, First National Bank, and Mower County Public Utilities. With an average 2 bedroom rent of $970 per month and a grocery cost index of 95 compared to 100 in the US, Mower County offers an affordable cost of living for those looking to relocate. The overall economy in Mower County is strong and growing due to its proximity to both Iowa and Wisconsin. Residents have access to excellent schools and plenty of recreational activities. With its low cost of living and strong economic growth, Mower County is an ideal location for families looking for a place to call home.
Mower County has an unemployment rate of 4.2%. The US average is 6.0%.
Mower County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Mower County
- The Sales Tax Rate for Mower County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Mower 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 Mower County
- The average income of a Mower County resident is $25,209 a year. The US average is $28,555 a year.
- The Median household income of a Mower County resident is $60,386 a year. The US average is $69,021 a year.