St. Martin Township, MN is an ideal location for those looking for a peaceful and affordable home. The average two-bedroom rent in St.Martin Township is $920, which is much more affordable than the US average of $1,430. Additionally, the Grocery Cost Index in St. Martin Township is 97 versus 100 in the US, meaning groceries are even cheaper here than elsewhere in the country. Those looking to settle down in the area will find no shortage of amenities – local companies include banks such as Bremer Bank and United Prairie Bank, restaurants like Big Vinny's Pizza & Subs and Country Junction Saloon & Eatery, and grocery stores like Southside Harvest Foods and R&M Food Store. All these businesses make St. Martin Township a great place to live for people seeking an affordable lifestyle.
St. Martin township has an unemployment rate of 4.7%. The US average is 6.0%.
St. Martin township has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for St. Martin township
- The Sales Tax Rate for St. Martin township is 7.6%. The US average is 7.3%.
- The Income Tax Rate for St. Martin 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 St. Martin township
- The average income of a St. Martin township resident is $21,821 a year. The US average is $28,555 a year.
- The Median household income of a St. Martin township resident is $89,792 a year. The US average is $69,021 a year.