Akron township (Wilkin Cnty), MN is located in the southern part of Minnesota. This rural township is home to many small businesses such as Wilkin Grain & Feed Co, Brown Dairy Farms and Fox Creek Strategy. It also boasts a rich agricultural tradition with vast amounts of farmland. With a population of around 1,850 people, this small town offers an affordable cost of living with 2 bedroom rent averaging $840 compared to the US average of $1,430 and a grocery cost index of 94 versus the US average of 100.
Akron township (Wilkin County) has an unemployment rate of 4.1%. The US average is 6.0%.
Akron township (Wilkin County) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Akron township (Wilkin County)
- The Sales Tax Rate for Akron township (Wilkin County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Akron township (Wilkin County) 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 Akron township (Wilkin County)
- The average income of a Akron township (Wilkin County) resident is $27,269 a year. The US average is $37,638 a year.
- The Median household income of a Akron township (Wilkin County) resident is $96,250 a year. The US average is $69,021 a year.