Lake Lillian township, MN Economy


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Lake Lillian Township, MN is a small rural area located in Kandiyohi County. It boasts a population of about 847 people, making it the perfect location for those who enjoy rural living. The rent for a two-bedroom home in Lake Lillian Township is an affordable $840 per month, significantly lower than the US average of $1,430 per month. In addition to its low cost of living, Lake Lillian Township also has a grocery cost index of 96 compared to the US average of 100. This makes it an attractive place to live for those looking to save money on groceries.
The area offers many activities and attractions like camping at Manannah Campground or fishing at nearby Lake Francis or Green Lake. Other local businesses and amenities include Amsden General Store, T&T Motorsports and even the Renville County Historical Society Museum which displays artifacts from old settlers who once lived in this area. Whatever your interests may be there is something for everyone in Lake Lillian Township!

Lake Lillian township has an unemployment rate of 4.9%. The US average is 6.0%.

Lake Lillian township has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Lake Lillian township
- The Sales Tax Rate for Lake Lillian township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Lillian 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 Lake Lillian township
- The average income of a Lake Lillian township resident is $31,996 a year. The US average is $28,555 a year.
- The Median household income of a Lake Lillian township resident is $80,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Lillian township, MinnesotaUnited States
  4.96
  0.3%-6.2%
  37.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $39,013$37,638
  $80,417$69,021
  $89,375$85,028
  Population by Occupation
  18.8%1.2%
  0.0%0.5%
  4.7%6.8%
  1.2%10.0%
  16.5%2.5%
  7.1%11.0%
  3.5%4.8%
  0.0%0.8%
  1.2%1.9%
  0.0%4.7%
  1.2%1.9%
  1.2%7.6%
  0.0%0.1%
  1.2%4.2%
  11.8%9.3%
  16.5%14.0%
  0.0%2.1%
  3.5%7.0%
  4.7%4.8%
  7.1%4.7%
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