Baker township (Stevens County), MN Economy


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United States / Minnesota / No Metro Area / Stevens County / Baker township (Stevens County) / Zip Codes
Baker township, MN is a popular area located not too far from major cities. It has a great selection of local businesses to explore such as The Book Nook, Rodeo Bakery, and Steakhouse on Main. The average rent for a 2 bedroom apartment in Baker township is $820 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Baker township is 93 compared to 100 in the US. This means groceries are more affordable in this small town than other cities across America. These factors make Baker township an attractive place to live for anyone looking for an affordable home near big city amenities.

Baker township (Stevens County) has an unemployment rate of 3.8%. The US average is 6.0%.

Baker township (Stevens County) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Baker township (Stevens County)
- The Sales Tax Rate for Baker township (Stevens County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Baker township (Stevens 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 Baker township (Stevens County)
- The average income of a Baker township (Stevens County) resident is $41,083 a year. The US average is $37,638 a year.
- The Median household income of a Baker township (Stevens County) resident is $103,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaker township (Stevens County), MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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