Aitkin township, MN is a small community located in the state of Minnesota. It boasts a low cost of living with an average two bedroom rent of $810 compared to the US average of $1,430. Not only is Aitkin township affordable, it is also known for its grocery cost index rating of 98/100 against the US average. The local economy provides ample opportunities for employment as well - many businesses such as Walmart Supercenter, Sonic Drive-In, and Pizza Hut have a presence in the area. There are also several parks nearby providing recreation activities like fishing and camping. In addition to its affordability and accessibility to local amenities, Aitkin township prides itself on its tight-knit community.
Aitkin township has an unemployment rate of 7.1%. The US average is 6.0%.
Aitkin township has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Aitkin township
- The Sales Tax Rate for Aitkin township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Aitkin 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 Aitkin township
- The average income of a Aitkin township resident is $31,242 a year. The US average is $28,555 a year.
- The Median household income of a Aitkin township resident is $75,208 a year. The US average is $69,021 a year.