Nicollet, MN County is a great place to live with plenty of amenities and attractions. It features a variety of businesses, such as grocery stores, restaurants, banks, and other retail stores. Cost of living in Nicollet is quite affordable compared to the US average; 2 bedroom rent averages $1,060 versus $1,430 across the nation while grocery cost index is 98 compared to 100 nationally. Additionally, local companies are providing employment to area residents such as Walser Automotive Group and Gopher Resource Corporation. With the low cost of living and ample job opportunities, Nicollet is an ideal place for anyone looking to relocate or just visit.
Nicollet County has an unemployment rate of 3.6%. The US average is 6.0%.
Nicollet County has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Nicollet County
- The Sales Tax Rate for Nicollet County is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Nicollet 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 Nicollet County
- The average income of a Nicollet County resident is $39,188 a year. The US average is $37,638 a year.
- The Median household income of a Nicollet County resident is $74,317 a year. The US average is $69,021 a year.