Rosendale, MN Economy


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United States / Minnesota / No Metro Area / Watonwan County / Rosendale / Zip Codes
Rosendale, MN is an attractive place to call home for many reasons. It has a low cost of living, with two bedroom rentals averaging $840 per month, significantly lower than the US average of $1,430. Grocery costs are also much more affordable in Rosendale than in other parts of the country, with their index score being 95 compared to 100 in the US. There are also plenty of great local companies to work for or shop at such as The Warehouse Bar & Grill, which serves delicious American food and drink favorites and Alcam Supply Company that offers top quality construction materials and services. All things considered, Rosendale is a great choice for people looking for an affordable place to live with lots to do!

Rosendale has an unemployment rate of 4.5%. The US average is 6.0%.

Rosendale has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Rosendale
- The Sales Tax Rate for Rosendale is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Rosendale 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 Rosendale
- The average income of a Rosendale resident is $35,951 a year. The US average is $28,555 a year.
- The Median household income of a Rosendale resident is $66,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRosendale, MinnesotaUnited States
  4.56
  1.8%-6.2%
  30.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $31,691$37,638
  $66,250$69,021
  $64,531$85,028
  Population by Occupation
  8.9%1.2%
  1.1%0.5%
  6.7%6.8%
  3.9%10.0%
  4.4%2.5%
  16.7%11.0%
  6.1%4.8%
  6.1%0.8%
  1.1%1.9%
  1.7%4.7%
  3.3%1.9%
  2.8%7.6%
  0.0%0.1%
  0.0%4.2%
  2.2%9.3%
  14.4%14.0%
  0.0%2.1%
  16.1%7.0%
  3.3%4.8%
  1.1%4.7%
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