Chief, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Minnesota / No Metro Area / Mahnomen County / Chief / Zip Codes
Chief, MN is an affordable place to live. Located in the northeastern part of the state, it has a small town feel while still providing access to all the amenities one needs. The average 2 bedroom rent is only $810 which is significantly less than the US average of $1,430. The grocery cost index in Chief is 93 compared to 100 in the US. This makes Chief an ideal spot for those looking for value with their housing and food costs. Local companies include LaFarge Holcim, Quality Pork Processors Inc., and Ralston Purina Company, Inc. All in all, Chief, MN has a low cost of living making it a great option for those seeking a more economical lifestyle without sacrificing quality or convenience.

Chief has an unemployment rate of 8.1%. The US average is 6.0%.

Chief has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Chief
- The Sales Tax Rate for Chief is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Chief 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 Chief
- The average income of a Chief resident is $42,455 a year. The US average is $28,555 a year.
- The Median household income of a Chief resident is $47,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChief, MinnesotaUnited States
  8.16
  -12.6%-6.2%
  23.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $26,533$37,638
  $47,500$69,021
  $75,000$85,028
  Population by Occupation
  38.9%1.2%
  0.0%0.5%
  5.6%6.8%
  0.0%10.0%
  0.0%2.5%
  11.1%11.0%
  5.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  2.8%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  11.1%9.3%
  8.3%14.0%
  5.6%2.1%
  0.0%7.0%
  0.0%4.8%
  11.1%4.7%
Health
Compare Chief, MN
cost of living
Compare food, housing, utilities, and more in Chief, Minnesota to any other city in the US.