Orrock, MN Economy


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Orrock, MN is a small town located in the Midwest with a population of fewer than 500 people. The area is known for its peaceful atmosphere, great schools, and small-town charm. The cost of living here is lower than the US average, as evidenced by the fact that 2 bedroom rental prices are $1,320 compared to $1,430 nationally. Additionally, grocery costs are equal to those of the rest of the nation. Local companies in Orrock include EZ Pawn Lakeville, Columbia Grocery Store & Restaurant, and Golden Valley Plumbing & Heating. All in all, Orrock is an ideal place for anyone who wants to enjoy life without spending too much money.

Orrock has an unemployment rate of 4.9%. The US average is 6.0%.

Orrock 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 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Orrock
- The Sales Tax Rate for Orrock is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Orrock 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 Orrock
- The average income of a Orrock resident is $34,224 a year. The US average is $28,555 a year.
- The Median household income of a Orrock resident is $109,881 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrrock, MinnesotaUnited States
  4.96
  -3.7%-6.2%
  38.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $52,682$37,638
  $109,881$69,021
  $126,250$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  11.6%6.8%
  14.3%10.0%
  11.9%2.5%
  9.9%11.0%
  13.6%4.8%
  3.1%0.8%
  1.4%1.9%
  2.3%4.7%
  2.3%1.9%
  7.1%7.6%
  0.2%0.1%
  1.5%4.2%
  4.4%9.3%
  8.5%14.0%
  0.7%2.1%
  2.3%7.0%
  1.6%4.8%
  2.2%4.7%
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