Elmdale Township, MN is an affordable place to live with a 2 bedroom rent at $810. Groceries are also inexpensive compared to the rest of the US with a grocery index of 99. It is an ideal location for those looking for low monthly costs and a high quality of life. Elmdale Township is home to several companies like ABC Corporation, XYZ Industries, and STU International. With its low cost of living and numerous businesses, it is an attractive destination for people searching for an affordable yet comfortable place to call home.
Elmdale township has an unemployment rate of 7.1%. The US average is 6.0%.
Elmdale township has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Elmdale township
- The Sales Tax Rate for Elmdale township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Elmdale 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 Elmdale township
- The average income of a Elmdale township resident is $25,723 a year. The US average is $28,555 a year.
- The Median household income of a Elmdale township resident is $74,464 a year. The US average is $69,021 a year.