Buckman township, MN Economy


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United States / Minnesota / No Metro Area / Morrison County / Buckman township / Zip Codes
Buckman township, MN is a great place to call home. The rent for two bedroom apartments in the area is significantly lower than the US average at $810 versus $1,430, making it an affordable option for those looking to move into the area. Additionally, the cost of groceries and other items in Buckman township is equal the national average with an index of 100 versus 100 in the US. \nThe town offers plenty of job opportunities as well as numerous amenities and attractions. Popular local companies include Stearns Bank, Artistic Tile and Design, and Zimmel’s Bar & Grill. There are also many parks and trails nearby that offer breathtaking views throughout the year. With its low cost of living, abundance of job prospects, and wide variety of recreational activities available, Buckman township makes a wonderful place to live.

Buckman township has an unemployment rate of 7.1%. The US average is 6.0%.

Buckman township has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Buckman township
- The Sales Tax Rate for Buckman township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Buckman 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 Buckman township
- The average income of a Buckman township resident is $26,704 a year. The US average is $28,555 a year.
- The Median household income of a Buckman township resident is $90,921 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuckman township, MinnesotaUnited States
  7.16
  0.4%-6.2%
  24.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,637$37,638
  $90,921$69,021
  $92,105$85,028
  Population by Occupation
  17.9%1.2%
  0.0%0.5%
  13.7%6.8%
  12.8%10.0%
  3.1%2.5%
  13.9%11.0%
  2.6%4.8%
  0.0%0.8%
  0.0%1.9%
  3.1%4.7%
  0.4%1.9%
  2.2%7.6%
  0.0%0.1%
  3.1%4.2%
  4.4%9.3%
  13.0%14.0%
  0.4%2.1%
  0.4%7.0%
  6.2%4.8%
  2.6%4.7%
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