Helen, MN Economy


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Helen, MN is a small town located in Morrison County. It’s known for its picturesque views, friendly people and low cost of living. The average two bedroom rent in Helen is $860 compared to the national average of $1,430; making it an affordable place to live. The grocery cost index in Helen is also lower than the US national average at 98 versus 100. Residents can enjoy the great outdoors with activities such as skiing, biking, fishing and camping all within close proximity. Local businesses include Helen’s Trading Post, which sells unique gifts and souvenirs from the area; Horseshoe Seven Construction which specializes in residential and commercial construction services; Red Owl Restaurant offering satisfying meals from breakfast through dinner; and Sun Country Vacation Rentals for comfortable lodging needs both short-term and long-term.

Helen has an unemployment rate of 5.1%. The US average is 6.0%.

Helen has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Helen
- The Sales Tax Rate for Helen is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Helen 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 Helen
- The average income of a Helen resident is $33,862 a year. The US average is $28,555 a year.
- The Median household income of a Helen resident is $90,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHelen, MinnesotaUnited States
  5.16
  -2.5%-6.2%
  19.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $39,363$37,638
  $90,625$69,021
  $111,250$85,028
  Population by Occupation
  8.6%1.2%
  0.0%0.5%
  10.3%6.8%
  18.8%10.0%
  1.9%2.5%
  5.8%11.0%
  7.3%4.8%
  0.9%0.8%
  0.4%1.9%
  5.1%4.7%
  1.3%1.9%
  6.0%7.6%
  0.0%0.1%
  4.9%4.2%
  2.4%9.3%
  12.0%14.0%
  0.6%2.1%
  3.2%7.0%
  4.3%4.8%
  6.2%4.7%
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