Cost of living in Red Eye township, Minnesota

Cost of living
compared to USA

moderate

Cost of living
compared to Minnesota

the lowest

Median household
income

moderate

Is it expensive to live in Red Eye township, Minnesota? When calculating the cost of living in Red Eye township, Minnesota we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Red Eye township, Minnesota is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Minnesota, while median household income in Red Eye township is $54,063 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Minnesota.

Taxes in Red Eye township, Minnesota

The sales tax rate in Red Eye township, Minnesota is 7.4%. Last year, the average property taxes paid was 1.1% Red Eye township, Minnesota.

Here is the table with the State Income Taxes in the state of Minnesota:

State Income Tax Brackets:

Income Brackets(single):	Income Brackets(Married):	Minnesota Income Tax Rate
$0 - $30,070	$0 - $43,950	5.3%
$30,070 - $98,760	$43,950 - $174,610	6.8%
$98,760 - $183,340	$174,610 - $304,970	7.8%
>= $183,340	>= $304,970	9.8%

Housing costs in Red Eye township, Minnesota

The average cost of
a single-family home
compated to USA

moderate

The average cost of
a single-family home
compated to Minnesota

low

In Red Eye township, Minnesota, 94.0% of the population owns their homes, while approximately 6.0% rent. The average cost of a single-family home in Red Eye township, Minnesota in 2023 is $271,190 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Minnesota. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental Size	Monthly Cost	Compared to Minnesota
1 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest