Austin township, MN is a great place to live! It has a low cost of living, with the average two-bedroom rent being $970 compared to the US average of $1,430. The grocery cost index for Austin township is 93 versus 100 in the US.. Residents have access to many local amenities, such as Walmart, Target, restaurants like Red Lobster and Applebees, as well as parks and lakes. There are also plenty of job opportunities at local companies such as Cargill Incorporated and Hormel Foods Corporation. All this makes Austin township an attractive option for anyone looking for a place to call home.
Austin township has an unemployment rate of 4.2%. The US average is 6.0%.
Austin township has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Austin township
- The Sales Tax Rate for Austin township is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Austin township 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 Austin township
- The average income of a Austin township resident is $29,263 a year. The US average is $28,555 a year.
- The Median household income of a Austin township resident is $78,920 a year. The US average is $69,021 a year.