Cascade, MN Economy


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\nCascade, MN is a small town located in the midwest of the United States. It is known for its peacefulness and clean environment. Cascade offers many amenities for its residents such as grocery stores, restaurants, and parks. The average rent for a two-bedroom apartment in Cascade is $1,200 which is much cheaper than the national average of $1,430. Additionally, Cascade also has a lower grocery cost index than the US as a whole at 100. Some of the major companies located in Cascade include Bethel University, Tekna Precision Manufacturing Inc., and Heidelberg USA Inc. In addition to these large businesses, there are many smaller companies providing goods and services to locals. The people of Cascade are friendly and welcoming; it’s no wonder that so many families have decided to make the city their home.

Cascade has an unemployment rate of 3.7%. The US average is 6.0%.

Cascade has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Cascade
- The Sales Tax Rate for Cascade is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Cascade 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 Cascade
- The average income of a Cascade resident is $52,286 a year. The US average is $28,555 a year.
- The Median household income of a Cascade resident is $127,574 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCascade, MinnesotaUnited States
  3.76
  -0.9%-6.2%
  33.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $62,312$37,638
  $127,574$69,021
  $148,263$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  5.0%6.8%
  13.7%10.0%
  0.5%2.5%
  10.2%11.0%
  7.7%4.8%
  0.5%0.8%
  1.6%1.9%
  2.9%4.7%
  1.4%1.9%
  7.9%7.6%
  0.0%0.1%
  1.9%4.2%
  3.4%9.3%
  31.6%14.0%
  1.2%2.1%
  2.3%7.0%
  5.1%4.8%
  1.5%4.7%
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