Canton Township in Minnesota is a great place to live. With an affordable two-bedroom rent of just $860 compared to the US average of $1,430, it's a great option for those looking for a reasonably priced home. Grocery prices in Canton Township are even more attractive, with an index of 94 versus the national average of 100. The township is also home to many exciting local companies, such as Epic Clayworks and Quarles Farm Market & Greenhouses. Not only that, there are plenty of things to see and do in the area as well - from visiting the historic Miller House Museum to exploring Memorial Park or spending time outdoors at Canton Lake.
Canton township has an unemployment rate of 4.7%. The US average is 6.0%.
Canton township has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Canton township
- The Sales Tax Rate for Canton township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Canton 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 Canton township
- The average income of a Canton township resident is $22,002 a year. The US average is $28,555 a year.
- The Median household income of a Canton township resident is $71,786 a year. The US average is $69,021 a year.