Clearwater, MN County is a great place to live due to its low cost of living. The average two bedroom rent in Clearwater is $850, almost half of the national rate at $1,430. This low rent allows for affordable housing options for those looking to move to the area. Additionally, the Grocer Cost Index in Clearwater County is 94- meaning it is 6% lower than the US Grocery Cost Index of 100. There are many well-known companies that call this county home- including ALCO Manufacturing Inc., D&D Industries, and Sterling Manufacturing Company. Residents can enjoy a high quality of life without stretching their wallets too far due to Clearwater's low cost of living.
Clearwater County has an unemployment rate of 8.7%. The US average is 6.0%.
Clearwater County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Clearwater County
- The Sales Tax Rate for Clearwater County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Clearwater 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 Clearwater County
- The average income of a Clearwater County resident is $29,114 a year. The US average is $37,638 a year.
- The Median household income of a Clearwater County resident is $56,605 a year. The US average is $69,021 a year.