Nowthen, MN Economy


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Nowthen, MN is a small city located in Anoka County. With a population of just under 3,000 people, the cost of living in Nowthen is more affordable than most US cities. The two bedroom rent here is around $1,330 per month which is nearly $100 cheaper than the national average. Additionally, the grocery cost index in Nowthen is slightly higher than the US average at 101 versus 100. Locally, there are some great businesses that residents love such as Papa's Pizza and Burgers, Dan's Hardware and Supply Store, The Wine Gallery Cafe & Bistro and The Rocky Mountain Trading Company.

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

Nowthen 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 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Nowthen
- The Sales Tax Rate for Nowthen is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Nowthen 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 Nowthen
- The average income of a Nowthen resident is $30,430 a year. The US average is $28,555 a year.
- The Median household income of a Nowthen resident is $135,433 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNowthen, MinnesotaUnited States
  4.46
  -3.7%-6.2%
  35.9%33.5%
  7.1%6.2%
  7.1%4.6%
  $42,888$37,638
  $135,433$69,021
  $146,563$85,028
  Population by Occupation
  1.7%1.2%
  1.0%0.5%
  5.4%6.8%
  14.7%10.0%
  2.9%2.5%
  5.4%11.0%
  2.9%4.8%
  2.9%0.8%
  0.4%1.9%
  5.6%4.7%
  1.3%1.9%
  6.5%7.6%
  0.5%0.1%
  5.4%4.2%
  17.6%9.3%
  13.4%14.0%
  0.5%2.1%
  5.5%7.0%
  4.1%4.8%
  2.4%4.7%
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