Goodview, MN Economy


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Goodview, MN is an attractive place to live for many reasons. Rent costs are low compared to the national average of $1,430; 2 bedroom apartments can cost as little as $790 per month. The grocery cost index in Goodview, MN is 97 compared to 100 in the US, making food more affordable than some other places.
Goodview, MN is home to several thriving businesses such as Midwest Automation Inc., Midco®, and Fastenal®. These companies provide a variety of services and products that benefit the citizens of Goodview. Furthermore, the local government has invested in infrastructure improvements over recent years resulting in improved roads connecting the city with other parts of Minnesota. Additionally, there are plenty of recreational activities available for residents including fishing at Lake Winona or exploring the trails at Whitewater State Park.
All these factors make Goodview a great place to be both for work and leisure. With its reasonable living costs and proximity to nature attractions, it's no wonder so many people choose to call Goodview their home!

Goodview has an unemployment rate of 3.7%. The US average is 6.0%.

Goodview 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 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Goodview
- The Sales Tax Rate for Goodview is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Goodview 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 Goodview
- The average income of a Goodview resident is $28,628 a year. The US average is $28,555 a year.
- The Median household income of a Goodview resident is $61,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoodview, MinnesotaUnited States
  3.76
  -3.5%-6.2%
  24.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $32,621$37,638
  $61,833$69,021
  $86,176$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  6.3%6.8%
  33.8%10.0%
  1.9%2.5%
  12.6%11.0%
  1.9%4.8%
  0.0%0.8%
  0.9%1.9%
  2.1%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  0.0%4.2%
  9.4%9.3%
  13.3%14.0%
  1.3%2.1%
  4.2%7.0%
  6.8%4.8%
  2.1%4.7%
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