Big Lake, MN is a city located in Sherburne County. It has a population of 5,530 people and is known for its friendly atmosphere and safe neighborhoods. The average 2 bedroom rent in this area is $1,320 which makes it quite affordable compared to the national average of $1,430. The local grocery cost index here is also 100 which matches the national average making it an ideal place for anyone looking for a cost-effective living location. Big Lake also boasts several large companies such as Big Lake Public Schools and Big Lake Harvest, Inc., offering jobs and economic growth opportunities to the community. All in all, Big Lake is an excellent option for those looking to rent a 2 bedroom home at an affordable rate while enjoying the amenities of a small town atmosphere.
Big Lake (zip 55309) has an unemployment rate of 4.9%. The US average is 6.0%.
Big Lake (zip 55309) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Big Lake (zip 55309)
- The Sales Tax Rate for Big Lake (zip 55309) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Big Lake (zip 55309) 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 Big Lake (zip 55309)
- The average income of a Big Lake (zip 55309) resident is $28,608 a year. The US average is $28,555 a year.
- The Median household income of a Big Lake (zip 55309) resident is $101,917 a year. The US average is $69,021 a year.