Baxter township (Lac qui Parle County), MN Economy


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United States / Minnesota / No Metro Area / Lac qui Parle County / Baxter township (Lac qui Parle County) / Zip Codes
Baxter Township, MN is a great place to live with plenty of amenities and cost advantages for those on a budget. The average 2 Bedroom rent in Baxter Township is only $810 per month, compared to the national average of $1430, making it an attractive option for renters. The Grocery Cost Index in Baxter Township is also lower than in many other parts of the country; its index score stands at 93 versus 100 in the US. There are several businesses based in Baxter Township including D&J Automotive Services, Heartland Body Werks & RV Repair, Stix Bar & Grill, and Home Town Tire & Auto Care. With lower rent prices than what is found nationally and plenty of businesses to patronize, Baxter Township offers its residents great value for money.

Baxter township (Lac qui Parle County) has an unemployment rate of 4.5%. The US average is 6.0%.

Baxter township (Lac qui Parle County) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.

Tax Rates for Baxter township (Lac qui Parle County)
- The Sales Tax Rate for Baxter township (Lac qui Parle County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Baxter township (Lac qui Parle 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 Baxter township (Lac qui Parle County)
- The average income of a Baxter township (Lac qui Parle County) resident is $44,494 a year. The US average is $28,555 a year.
- The Median household income of a Baxter township (Lac qui Parle County) resident is $128,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaxter township (Lac qui Parle County), MinnesotaUnited States
  4.56
  -1.3%-6.2%
  10.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $54,478$37,638
  $128,750$69,021
  $130,417$85,028
  Population by Occupation
  30.1%1.2%
  0.0%0.5%
  4.3%6.8%
  15.1%10.0%
  0.0%2.5%
  8.6%11.0%
  5.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.1%4.2%
  12.9%9.3%
  16.1%14.0%
  0.0%2.1%
  0.0%7.0%
  3.2%4.8%
  3.2%4.7%
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