Beulah, MN is a small town in Minnesota with an affordable cost of living. The average two-bedroom rent in Beulah is $900 compared to the US average of $1,430, making it an economical place to live. Additionally, the Grocery Cost Index is 99 in Beulah versus 100 in the US, so groceries are also relatively inexpensive. Not only is it relatively affordable to live in Beulah, but there are many local businesses that make the city unique. Some of these companies include: Chopps Auto Parts & Repair for auto maintenance needs; John's Automotive for vehicle services; and Ulland Bros., Inc. for agricultural products. With its lower costs of living and local businesses, Beulah offers a great living experience for those seeking a small-town atmosphere.
Beulah has an unemployment rate of 8.4%. The US average is 6.0%.
Beulah has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Beulah
- The Sales Tax Rate for Beulah is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Beulah is 7.1%. The US average is 4.6%.
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Income and Salaries for Beulah
- The average income of a Beulah resident is $27,869 a year. The US average is $37,638 a year.
- The Median household income of a Beulah resident is $41,389 a year. The US average is $69,021 a year.