Martin, MN County is a great place to live! It features affordable housing, with 2 bedroom rents costing $850 compared to the US average of $1,430. Additionally, the cost of living is fairly low due to the Grocery Cost Index being 93 versus 100 in the US. There are plenty of local businesses and companies in Martin, MN County such as Martin Milling Company, Inc., Xchange Technology Group, and PrimeCables. These businesses offer quality products and services for residents in the area.
Martin County has an unemployment rate of 4.3%. The US average is 6.0%.
Martin County has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Martin County
- The Sales Tax Rate for Martin County is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Martin 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 Martin County
- The average income of a Martin County resident is $32,818 a year. The US average is $37,638 a year.
- The Median household income of a Martin County resident is $57,002 a year. The US average is $69,021 a year.