Goodhue Township is a small town located in Minnesota, about an hour's drive away from Minneapolis. It has a population of about 3,500 people and is quite rural. There are numerous farms and businesses such as local restaurants, banks, convenience stores, churches, schools and other service-based companies in the area. The cost of living in Goodhue township is quite low with two bedroom rent being just $1,080 compared to the US average of $1,430. Similarly, the grocery cost index is 99 compared to 100 nationally. This makes it an attractive place for people who want to save money while still having access to all the necessary amenities. In terms of demographics the majority of residents are white followed by Hispanic and African American populations. Additionally over half of all households are comprised of married couples with children making this a great place for families looking for an affordable place to live.
Goodhue township has an unemployment rate of 4.6%. The US average is 6.0%.
Goodhue township has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Goodhue township
- The Sales Tax Rate for Goodhue township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Goodhue 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 Goodhue township
- The average income of a Goodhue township resident is $37,748 a year. The US average is $28,555 a year.
- The Median household income of a Goodhue township resident is $88,750 a year. The US average is $69,021 a year.