Cambridge township, MN is an ideal place to live and work. This small town offers a cozy atmosphere with plenty of local companies and attractions. Local businesses include SuperValu, The Little Store, and the Cambridge Coffee House which are all popular spots for locals to gather and enjoy a variety of delicious meals. Additionally, the town of Cambridge also features many outdoor activities such as hunting, fishing, camping, biking trails, and golf courses for visitors to explore. There are several cultural attractions in the area such as the Isanti County Historical Society Museum which houses artifacts from the area’s early settlers and provides educational opportunities to those interested in local history. With its low rental rates compared to other cities across the US and its grocery cost index that nearly matches that of the US average, Cambridge township is one of the most affordable destinations in Minnesota.
Cambridge township has an unemployment rate of 6.2%. The US average is 6.0%.
Cambridge township has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Cambridge township
- The Sales Tax Rate for Cambridge township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cambridge 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 Cambridge township
- The average income of a Cambridge township resident is $33,233 a year. The US average is $28,555 a year.
- The Median household income of a Cambridge township resident is $94,844 a year. The US average is $69,021 a year.