Bigelow township, MN Economy


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Bigelow township, MN is a great place to live. It has an average 2 bedroom rent of $920 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Bigelow township is 96 compared to the national 100, making it more affordable for daily groceries. The town offers plenty of local businesses for residents as well. Some of these include Smith’s Hardware Store for tools and home renovation supplies, Johnson’s Pharmacy for medicines and health care products, and The Corner Cafe for home cooked meals and catering services. With its low living costs and variety of local businesses, Bigelow township is an ideal place to make a home.

Bigelow township has an unemployment rate of 3.7%. The US average is 6.0%.

Bigelow township has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Bigelow township
- The Sales Tax Rate for Bigelow township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Bigelow 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 Bigelow township
- The average income of a Bigelow township resident is $34,739 a year. The US average is $37,638 a year.
- The Median household income of a Bigelow township resident is $97,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBigelow township, 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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