Gaylord, MN Economy


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Gaylord, MN is a small town offering its residents a peaceful and quiet atmosphere. This is evidenced by the lower prices for rent and groceries when compared to the US average. It's 2 Bedroom Rent is $1,000 while the US average is $1,430 and it's Grocery Cost Index is 96 versus 100 in the US. Gaylord has several local companies such as; Gallery Auto Services which provides repair services to local vehicles, Saunders Foods which offers fresh produce and meat products, and Becker Sport Shop which specializes in sporting goods. As a community driven town, Gaylord values their local businesses and supports them with enthusiasm.

Gaylord has an unemployment rate of 5.3%. The US average is 6.0%.

Gaylord has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Gaylord
- The Sales Tax Rate for Gaylord is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gaylord 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 Gaylord
- The average income of a Gaylord resident is $23,096 a year. The US average is $28,555 a year.
- The Median household income of a Gaylord resident is $52,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGaylord, MinnesotaUnited States
  5.36
  -2.9%-6.2%
  29.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $32,085$37,638
  $52,917$69,021
  $72,438$85,028
  Population by Occupation
  9.8%1.2%
  0.0%0.5%
  5.7%6.8%
  23.5%10.0%
  4.3%2.5%
  12.4%11.0%
  2.3%4.8%
  0.0%0.8%
  0.0%1.9%
  3.4%4.7%
  0.0%1.9%
  3.2%7.6%
  0.0%0.1%
  1.7%4.2%
  6.8%9.3%
  11.5%14.0%
  0.0%2.1%
  4.6%7.0%
  5.9%4.8%
  4.8%4.7%
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