Leenthrop, MN Economy


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United States / Minnesota / No Metro Area / Chippewa County / Leenthrop / Zip Codes
Leenthrop, MN is a small town located in the Midwest. It is known for its beauty and affordability, making it an ideal place to live. The average 2 bedroom rent in Leenthrop is $820, which is significantly lower than the national average of $1,430. Grocery costs are also lower than the US average with a local grocery cost index at 92 compared to 100 nationally.
Leenthrop has several great attractions and businesses that make it a great place to live. For instance, there are many outdoor activities available like camping, fishing, boating and hiking at nearby state parks such as Lakeside Park or Loon Lake State Park. There are several local restaurants that offer delicious cuisine from around the world like La Mesa Mexican Restaurant and China Garden Chinese restaurant. There are also many shops such as Uptown Boutique for those looking for shopping options.

Leenthrop has an unemployment rate of 4.4%. The US average is 6.0%.

Leenthrop has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Leenthrop
- The Sales Tax Rate for Leenthrop is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Leenthrop 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 Leenthrop
- The average income of a Leenthrop resident is $26,773 a year. The US average is $28,555 a year.
- The Median household income of a Leenthrop resident is $93,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeenthrop, MinnesotaUnited States
  4.46
  -2.9%-6.2%
  24.4%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,997$37,638
  $93,125$69,021
  $96,375$85,028
  Population by Occupation
  18.9%1.2%
  0.7%0.5%
  1.4%6.8%
  5.4%10.0%
  10.1%2.5%
  6.1%11.0%
  2.7%4.8%
  1.4%0.8%
  0.0%1.9%
  5.4%4.7%
  0.0%1.9%
  2.7%7.6%
  0.0%0.1%
  0.7%4.2%
  11.5%9.3%
  12.2%14.0%
  0.7%2.1%
  2.0%7.0%
  0.7%4.8%
  17.6%4.7%
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