Parkers Prairie township, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Parkers Prairie township, MN is an attractive town to consider for relocation. The two bedroom rent price of $890 per month is significantly lower than the US average of $1430. Additionally, the grocery cost index in Parkers Prairie township is 95 compared to 100 in the US; this makes it a great choice for people who are budget conscious. The town also has several local companies such as Parkers' Prairie Clinic, American State Bank, and G&G Grocery Store that offer various services to residents and visitors alike. In addition to convenience and affordability, Parkers Prairie township also offers a range of outdoor activities such as hiking, fishing, and camping that give people the perfect opportunity to enjoy nature without traveling too far away from home. With all these advantages, it's no surprise that many individuals are choosing Parkers Prairie township as their place of residence.

Parkers Prairie township has an unemployment rate of 5.3%. The US average is 6.0%.

Parkers Prairie township has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Parkers Prairie township
- The Sales Tax Rate for Parkers Prairie township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Parkers Prairie township 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 Parkers Prairie township
- The average income of a Parkers Prairie township resident is $29,971 a year. The US average is $28,555 a year.
- The Median household income of a Parkers Prairie township resident is $89,896 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParkers Prairie township, MinnesotaUnited States
  5.36
  -1.0%-6.2%
  34.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $32,099$37,638
  $89,896$69,021
  $109,167$85,028
  Population by Occupation
  15.5%1.2%
  0.0%0.5%
  8.8%6.8%
  25.7%10.0%
  1.0%2.5%
  12.8%11.0%
  0.3%4.8%
  3.0%0.8%
  0.0%1.9%
  4.4%4.7%
  1.4%1.9%
  1.0%7.6%
  0.0%0.1%
  0.3%4.2%
  5.4%9.3%
  15.2%14.0%
  0.0%2.1%
  0.3%7.0%
  2.4%4.8%
  2.4%4.7%
Health
Compare Parkers Prairie township, MN
cost of living
Compare food, housing, utilities, and more in Parkers Prairie township, Minnesota to any other city in the US.