Minneapolis, KS is a small town located in Ottawa County with a population of 674. The median 2 bedroom rent is $810 which is significantly lower than the US average of $1,430. Additionally, grocery costs are cheaper in Minneapolis compared to the rest of the United States; the Grocery Cost Index here is 93 versus 100 in the US.
Some popular local businesses in Minneapolis, KS include M & M Mercantile for home furnishings, Kansan Manufacturing for custom-made metal products, and Nellie’s Attic for antiques and vintage items. Additionally, attendees of the annual Marion County Fair enjoy plenty of family entertainment each summer. Minneapolis provides an affordable cost of living combined with small-town charm that attracts many residents from nearby communities. Plus with so many local shops and eateries available, it's no wonder why Minneapolis has become such a beloved place to call home.
Minneapolis (zip 67467) has an unemployment rate of 3.3%. The US average is 6.0%.
Minneapolis (zip 67467) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Minneapolis (zip 67467)
- The Sales Tax Rate for Minneapolis (zip 67467) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Minneapolis (zip 67467) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Minneapolis (zip 67467)
- The average income of a Minneapolis (zip 67467) resident is $26,767 a year. The US average is $28,555 a year.
- The Median household income of a Minneapolis (zip 67467) resident is $54,703 a year. The US average is $69,021 a year.