Perley, MN Economy


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United States / Minnesota / No Metro Area / Norman County / Perley / Zip Codes
Perley, MN is a small town located in the state of Minnesota with a population of less than 2,000 people. It is known for its relatively low cost of living with 2 bedroom rent averaging around $1,130 per month while the national average is at $1,430 and grocery cost index estimated at 94 compared to the US which is 100. Despite its size, there are several local businesses that operate in the area including Joe's Hardware Store, Renne's Grocery Store and Olsen's Bakery Shop. Living in Perley can offer many benefits to residents as there are numerous outdoor recreation possibilities such as camping and fishing due to its close proximity to rivers and lakes. Additionally, crime rate is very low thanks to the dedication of law enforcement officers and access to top-notch healthcare services ensures that residents will get medical attention when needed. Lastly, it provides an excellent opportunity for families who want to raise children without having to worry about safety or education since they can provide them with quality instruction through local schools.

Perley has an unemployment rate of 5.7%. The US average is 6.0%.

Perley has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.

Tax Rates for Perley
- The Sales Tax Rate for Perley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Perley 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 Perley
- The average income of a Perley resident is $20,399 a year. The US average is $28,555 a year.
- The Median household income of a Perley resident is $63,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPerley, MinnesotaUnited States
  5.76
  -0.6%-6.2%
  17.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $29,475$37,638
  $63,250$69,021
  $73,958$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.1%6.8%
  38.3%10.0%
  4.3%2.5%
  4.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  14.9%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  17.0%14.0%
  10.6%2.1%
  4.3%7.0%
  4.3%4.8%
  0.0%4.7%
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