Mora, MN (55051) is a great place to live! The median 2 bedroom rent is $1,050, which is significantly lower than the national average of $1,430. Additionally, grocery costs in Mora are 96 compared to the US index of 100. As such, living expenses in Mora can be more affordable than other areas.
When it comes to local businesses and amenities, Mora has plenty! Residents can find a variety of shops within the city limits such as Soderberg’s Hardware & Appliance Store, Ace Hardware & Garden Center and Quality Marine Service Inc. There are also plenty of outdoor activities like fishing at Fish Lake Regional Park or having fun at Papi's Pizzeria & Arcade. Whether you’re looking for top notch shopping experiences or outdoor adventures, Mora has something for everyone!
Mora (zip 55051) has an unemployment rate of 8.8%. The US average is 6.0%.
Mora (zip 55051) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Mora (zip 55051)
- The Sales Tax Rate for Mora (zip 55051) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Mora (zip 55051) 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 Mora (zip 55051)
- The average income of a Mora (zip 55051) resident is $31,250 a year. The US average is $37,638 a year.
- The Median household income of a Mora (zip 55051) resident is $60,194 a year. The US average is $69,021 a year.