Moose Lake, Minnesota is a small town with a population of around 1,600 people. The cost of living in Moose Lake is more affordable than the US average, as demonstrated by the 2 bedroom rent rate which is $1,020 versus $1,430 in the US. Additionally, the grocery cost index for Moose Lake is 97 compared to 100 in the US. Local businesses in Moose Lake include H&H Liquor Store, R J's Pizza & Subs, Zaverl True Value Hardware Store and Bluebell Floral & Gift Shop. Residents of Moose Lake enjoy an overall lower cost of living than most other towns across the country.
Moose Lake has an unemployment rate of 5.3%. The US average is 6.0%.
Moose Lake has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Moose Lake
- The Sales Tax Rate for Moose Lake is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Moose Lake is 7.1%. The US average is 4.6%.
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Income and Salaries for Moose Lake
- The average income of a Moose Lake resident is $13,198 a year. The US average is $37,638 a year.
- The Median household income of a Moose Lake resident is $48,375 a year. The US average is $69,021 a year.