Boxville, MN Economy


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United States / Minnesota / No Metro Area / Marshall County / Boxville / Zip Codes
Boxville, MN is a small town located near the Minnesota border. It is known for its low rent and cost of living compared to other cities in the US. The average two bedroom rent is $930 per month and the grocery cost index is 95 compared to 100 in the US, making it an affordable place to live. Businesses in Boxville include a variety of local companies such as Boxville Hardware, Boxville Bakery, Boxville Bookstore, and Boxville Motors. Other businesses also located in the area include restaurants, coffee shops, bars, and retail stores. With its affordability and convenience, Boxville has become a desirable place to call home.

Boxville has an unemployment rate of 6.6%. The US average is 6.0%.

Boxville has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Boxville
- The Sales Tax Rate for Boxville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Boxville 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 Boxville
- The average income of a Boxville resident is $22,380 a year. The US average is $37,638 a year.
- The Median household income of a Boxville resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoxville, MinnesotaUnited States
  6.66
  0.2%-6.2%
  12.9%33.5%
  6.9%6.2%
  7.1%4.6%
  $22,380$37,638
  $58,750$69,021
  $58,750$85,028
  Population by Occupation
  12.5%1.2%
  0.0%0.5%
  37.5%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  12.5%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  12.5%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  25.0%4.7%
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