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The Ranch, MN Economy
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Mahnomen County
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EXPLORE THE RANCH
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The Ranch, MN is a great place to live! It has a small population making it a cozy community. The rental prices for two-bedroom apartments are significantly lower than the national average, coming in at only $810 compared to the US average of $1,430. Additionally, the Grocery Cost Index in The Ranch is 93 versus 100 in the US demonstrating that groceries are much more affordable locally. There are many great local companies such as Acme Construction, The Hardware Store and Smith Realty Group that contribute to the town's economy. Residents benefit from living here due to its low cost of living with affordable housing and groceries.
Income by Population Percent
Economy
The Ranch, Minnesota
United States
Unemployment Rate
8.1
6
Recent Job Growth
-12.6%
-6.2%
Future Job Growth
23.0%
33.5%
Sales Taxes
6.9%
6.2%
Income Tax
7.1%
4.6%
Income per Cap.
37638
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