Marshan, MN Economy


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Marshan, MN is a great place to live for those looking for affordable housing. The average two bedroom rent in Marshan is $1,250 which is much more affordable than the US average of $1,430. Additionally, prices of goods and services are also cheaper than the national average. With a Grocery Cost Index score of 101 versus 100 in the US makes Marshan an attractive place to call home. \nMarshan is home to several local businesses such as Fortune Insurance Company, Don's Car Care Center and The Burger Bar and Grill. Fortune Insurance Company provides quality insurance for individuals and businesses throughout the area while Don’s Car Care Center offers premium automotive services and repairs. Last but not least, The Burger Bar and Grill is a popular destination for great burgers and fries with a family friendly atmosphere.

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

Marshan has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Marshan
- The Sales Tax Rate for Marshan is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Marshan 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 Marshan
- The average income of a Marshan resident is $41,274 a year. The US average is $28,555 a year.
- The Median household income of a Marshan resident is $109,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarshan, MinnesotaUnited States
  4.16
  -3.7%-6.2%
  36.7%33.5%
  7.1%6.2%
  7.1%4.6%
  $47,216$37,638
  $109,917$69,021
  $126,750$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  17.2%6.8%
  11.7%10.0%
  3.8%2.5%
  4.7%11.0%
  8.9%4.8%
  1.2%0.8%
  2.2%1.9%
  4.3%4.7%
  0.6%1.9%
  6.0%7.6%
  0.0%0.1%
  5.1%4.2%
  4.7%9.3%
  10.9%14.0%
  2.2%2.1%
  4.1%7.0%
  5.7%4.8%
  4.8%4.7%
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