Ortonville, MN Economy


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United States / Minnesota / No Metro Area / Big Stone County / Ortonville / Zip Codes
Ortonville, MN is a small town located in the western part of Minnesota with a population of approximately 1,400 people. The cost of living is relatively low compared to other parts of the United States with a 2 bedroom rent averaging at $840 and a Grocery Cost Index of 94. There are a variety of local companies and amenities in Ortonville such as Carroll's Red Owl Grocery Store, NAPA Auto Parts, Ortonville Liquor Store, Farm Town Co-op, and Lake Shetek State Park. Residents can enjoy a variety of outdoor activities including camping, fishing, boating, hunting, and hiking at Lake Shetek State Park. In addition to outdoor recreation there are also several bars and restaurants including Yobar's Bar & Grill and Bambinos Pizza. Overall Ortonville offers an idyllic small town lifestyle for its residents.

Ortonville has an unemployment rate of 5.9%. The US average is 6.0%.

Ortonville has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Ortonville
- The Sales Tax Rate for Ortonville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ortonville 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 Ortonville
- The average income of a Ortonville resident is $26,616 a year. The US average is $28,555 a year.
- The Median household income of a Ortonville resident is $47,317 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrtonville, MinnesotaUnited States
  5.96
  0.6%-6.2%
  26.6%33.5%
  6.9%6.2%
  7.1%4.6%
  $29,460$37,638
  $47,317$69,021
  $60,188$85,028
  Population by Occupation
  6.9%1.2%
  3.4%0.5%
  4.1%6.8%
  6.5%10.0%
  3.4%2.5%
  12.8%11.0%
  4.3%4.8%
  0.3%0.8%
  0.8%1.9%
  1.7%4.7%
  2.3%1.9%
  1.9%7.6%
  0.0%0.1%
  5.0%4.2%
  13.4%9.3%
  22.0%14.0%
  1.1%2.1%
  2.5%7.0%
  6.4%4.8%
  1.2%4.7%
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