Ash Lake, MN Economy


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United States / Minnesota / No Metro Area / Lincoln County / Ash Lake / Zip Codes
Ash Lake, MN is an affordable, suburban town located in Minnesota. With a 2 bedroom rent of $760 compared to the US average of $1,430, it is a great option for those looking for economical living. The grocery cost index in Ash Lake is also lower than the national average at 93 versus 100. Popular local companies and amenities include Tom's Grocery Store, Joe's Cafe and Bakery, the Ash Lake Art Gallery, and the Silver Star Theater. Whether you're looking for an affordable home or just a place to spend your weekend days off, Ash Lake has something to offer to everyone.

Ash Lake has an unemployment rate of 5.7%. The US average is 6.0%.

Ash Lake 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Ash Lake
- The Sales Tax Rate for Ash Lake is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ash Lake 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 Ash Lake
- The average income of a Ash Lake resident is $26,814 a year. The US average is $28,555 a year.
- The Median household income of a Ash Lake resident is $59,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsh Lake, MinnesotaUnited States
  5.76
  -4.6%-6.2%
  22.3%33.5%
  6.9%6.2%
  7.1%4.6%
  $29,652$37,638
  $59,375$69,021
  $63,214$85,028
  Population by Occupation
  40.0%1.2%
  0.0%0.5%
  24.0%6.8%
  12.0%10.0%
  0.0%2.5%
  0.0%11.0%
  6.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  8.0%14.0%
  0.0%2.1%
  0.0%7.0%
  8.0%4.8%
  0.0%4.7%
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