Moe, MN Economy


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Moe, MN is a small town with a population of about 4,000 people. It's known for its low cost of living, evidenced by its affordable two-bedroom rental rate of $890 compared to the US average of $1,430. The grocery cost index in Moe is also significantly lower than the national average at 101 versus 100.
The town has some great local businesses such as Moe's Pizzeria, which serves delicious gourmet pizzas and sandwiches; Kilroy's Bar & Grill which offers live music and signature cocktails; and the Bluebird Cafe, where you can enjoy fresh coffee and tasty pastries. There are also several parks in the area for outdoor recreation, including Cedar Lake Park and Stonybrook Park. Other amenities include a public library and movie theater.

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

Moe 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 Moe
- The Sales Tax Rate for Moe is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Moe 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 Moe
- The average income of a Moe resident is $42,501 a year. The US average is $28,555 a year.
- The Median household income of a Moe resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoe, MinnesotaUnited States
  4.16
  -0.6%-6.2%
  36.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $39,717$37,638
  $73,750$69,021
  $83,750$85,028
  Population by Occupation
  5.1%1.2%
  0.0%0.5%
  6.0%6.8%
  15.0%10.0%
  2.7%2.5%
  13.8%11.0%
  3.3%4.8%
  1.8%0.8%
  0.0%1.9%
  6.0%4.7%
  0.6%1.9%
  6.0%7.6%
  0.0%0.1%
  3.3%4.2%
  9.3%9.3%
  10.8%14.0%
  3.6%2.1%
  3.0%7.0%
  6.0%4.8%
  3.9%4.7%
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