La Grand, MN Economy


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La Grand, MN is a small town located in the heart of Minnesota. It offers residents a range of amenities at an affordable cost, with two bedroom renting rates averaging $870 while the US average is $1,430. Additionally, La Grand has a Grocery Cost Index of 100 which is equal to that of the US. The town also offers various local businesses and services such as La Grand Paint & Hardware Store, as well as Dr. Peterson's Family Practice Clinic and Vina's Beauty Salon. La Grand has something for everyone to enjoy!

La Grand has an unemployment rate of 4.1%. The US average is 6.0%.

La Grand has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for La Grand
- The Sales Tax Rate for La Grand is 7.4%. The US average is 7.3%.
- The Income Tax Rate for La Grand 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 La Grand
- The average income of a La Grand resident is $33,266 a year. The US average is $28,555 a year.
- The Median household income of a La Grand resident is $79,925 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Grand, MinnesotaUnited States
  4.16
  -0.6%-6.2%
  36.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $35,943$37,638
  $79,925$69,021
  $82,923$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  4.6%6.8%
  22.0%10.0%
  2.1%2.5%
  10.1%11.0%
  6.0%4.8%
  0.0%0.8%
  2.6%1.9%
  3.1%4.7%
  5.1%1.9%
  5.4%7.6%
  0.0%0.1%
  2.5%4.2%
  10.9%9.3%
  14.3%14.0%
  1.2%2.1%
  1.9%7.0%
  4.5%4.8%
  3.3%4.7%
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