Cedar Township (Martin Cnty), MN is a great place to call home. Rent prices for two bedroom apartments tend to be significantly lower than the US average, allowing residents to save money on living expenses. In addition, grocery costs are also more affordable when compared to other areas of the country. The area also has a range of amenities which can entertain locals and attract visitors from far away. For instance, the local Lake Belle Taine provides plenty of recreational activities such as fishing, sailing and camping. Another popular attraction in Cedar Township is the Apple Jack Orchard, where visitors can pick their own apples or take part in one of the many family-friendly events hosted throughout the year. Overall, Cedar Township offers an ideal balance between affordability and quality of life that make it an attractive place to settle down in Minnesota.
Cedar township (Martin County) has an unemployment rate of 4.3%. The US average is 6.0%.
Cedar township (Martin County) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Cedar township (Martin County)
- The Sales Tax Rate for Cedar township (Martin County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Cedar township (Martin County) 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 Cedar township (Martin County)
- The average income of a Cedar township (Martin County) resident is $42,171 a year. The US average is $37,638 a year.
- The Median household income of a Cedar township (Martin County) resident is $73,125 a year. The US average is $69,021 a year.