Mahnomen, MN County is a great place to live and work due to its affordability. The average rent for a two-bedroom apartment in the area is $830, which is significantly lower than the US average of $1,430. This lower cost of living also applies to grocery costs in Mahnomen with an index of 93 versus 100 in the US. There are several businesses that contribute to Mahnomen's economy including Northern Canvas Products Inc., which specializes in custom canvas products for recreational and industrial use; JM Cedar Log Homes, which designs and builds quality log homes; and Red Lake Nation Foods, a Native American owned meat processing facility. All of these businesses help make Mahnomen an attractive place to live with a cost of living significantly lower than most other areas of the United States.
Mahnomen County has an unemployment rate of 8.1%. The US average is 6.0%.
Mahnomen County has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Mahnomen County
- The Sales Tax Rate for Mahnomen County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Mahnomen 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 Mahnomen County
- The average income of a Mahnomen County resident is $22,401 a year. The US average is $37,638 a year.
- The Median household income of a Mahnomen County resident is $48,021 a year. The US average is $69,021 a year.