Lac qui Parle County, MN Economy


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United States / Minnesota / No Metro Area / Lac qui Parle County / Cities / Zip Codes
Lac qui Parle, MN County is a great place to live for those looking for an affordable lifestyle. It offers two bedroom rentals for $830, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Lac qui Parle County is 93 compared to 100 in the US. This means that groceries are less expensive here than in other parts of the country. The county is home to many local businesses such as Norwest Inc., Cargill Inc., and Xcel Energy Inc., all of which contribute to the economic growth and development of the area. With low costs of living and plenty of employment opportunities, Lac qui Parle County is an attractive destination for potential residents who want a comfortable lifestyle without breaking the bank.

Lac qui Parle County has an unemployment rate of 4.5%. The US average is 6.0%.

Lac qui Parle County has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.

Tax Rates for Lac qui Parle County
- The Sales Tax Rate for Lac qui Parle County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lac qui Parle County 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 Lac qui Parle County
- The average income of a Lac qui Parle County resident is $28,913 a year. The US average is $28,555 a year.
- The Median household income of a Lac qui Parle County resident is $60,718 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLac qui Parle, MinnesotaUnited States
  4.56
  -1.3%-6.2%
  10.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,614$37,638
  $60,718$69,021
  $76,771$85,028
  Population by Occupation
  15.8%1.2%
  0.2%0.5%
  6.5%6.8%
  12.0%10.0%
  3.9%2.5%
  8.7%11.0%
  3.1%4.8%
  0.3%0.8%
  0.9%1.9%
  4.2%4.7%
  1.5%1.9%
  3.0%7.6%
  0.2%0.1%
  1.8%4.2%
  6.6%9.3%
  19.3%14.0%
  0.9%2.1%
  3.6%7.0%
  4.7%4.8%
  2.9%4.7%
Health