Little Pine, MN Economy


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Little Pine, MN is a small town located in the heart of Minnesota with a population of roughly 800 people. The cost of living in Little Pine is quite low compared to the US as a whole, particularly in regards to renting. The average two-bedroom rent in Little Pine is $980 per month, significantly lower than the US average rate of $1,430. Additionally, the Grocery Cost Index in Little Pine is 98 compared to 100 in the US. Some of the local businesses where you can find competitive prices are Johnson's Butcher Shop and Miller's Bakery. This charming small town offers affordable rental rates along with quality amenities which makes it an ideal place for individuals and families to call home.

Little Pine has an unemployment rate of 6.0%. The US average is 6.0%.

Little Pine has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Little Pine
- The Sales Tax Rate for Little Pine is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Little Pine 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 Little Pine
- The average income of a Little Pine resident is $23,260 a year. The US average is $28,555 a year.
- The Median household income of a Little Pine resident is $33,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle Pine, MinnesotaUnited States
  66
  -2.9%-6.2%
  42.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $22,028$37,638
  $33,750$69,021
  $30,000$85,028
  Population by Occupation
  7.9%1.2%
  0.0%0.5%
  15.8%6.8%
  10.5%10.0%
  0.0%2.5%
  34.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  10.5%4.2%
  0.0%9.3%
  10.5%14.0%
  0.0%2.1%
  5.3%7.0%
  5.3%4.8%
  0.0%4.7%
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