Field, MN Economy


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Field, MN is a small town in the state of Minnesota. It has a population of around 500 people and is known for its peaceful and quaint atmosphere. The average 2 bedroom rent in Field, MN is quite low at $950 compared to the US average of $1,430. Moreover, the Grocery Cost Index in Field, MN is 95 which is slightly lower than that of the US. There are many local companies that make up this small community such as Journeys Coffee House, Rusty Nail Bar and Grill, and Field Library. All three businesses contribute to making Field an inviting place to live and work.

Field has an unemployment rate of 4.8%. The US average is 6.0%.

Field has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Field
- The Sales Tax Rate for Field is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Field 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 Field
- The average income of a Field resident is $29,149 a year. The US average is $28,555 a year.
- The Median household income of a Field resident is $70,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyField, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $34,566$37,638
  $70,000$69,021
  $87,188$85,028
  Population by Occupation
  5.4%1.2%
  8.5%0.5%
  9.2%6.8%
  6.2%10.0%
  0.0%2.5%
  16.9%11.0%
  5.4%4.8%
  4.6%0.8%
  0.0%1.9%
  5.4%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  0.0%4.2%
  6.9%9.3%
  17.7%14.0%
  0.0%2.1%
  3.8%7.0%
  3.1%4.8%
  3.8%4.7%
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