Clear Lake Township, MN is a beautiful residential area located outside of Minneapolis. It has an array of local businesses that provide goods and services to the community. Notable companies include Clear Lake Grocer, Clear Lake Automotive, and Clear Lake Cafe. The cost of living in the town is quite low with a two-bedroom rent costing $1,320 compared to the US average of $1,430. Additionally, grocery costs are slightly lower than the national average with an index of 101 versus 100 in the US. With its advantageous cost of living and flourishing local businesses, Clear Lake Township makes for an attractive residential area for those looking to settle down near Minneapolis.
Clear Lake township has an unemployment rate of 4.9%. The US average is 6.0%.
Clear Lake 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 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Clear Lake township
- The Sales Tax Rate for Clear Lake township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Clear Lake 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 Clear Lake township
- The average income of a Clear Lake township resident is $40,968 a year. The US average is $28,555 a year.
- The Median household income of a Clear Lake township resident is $86,488 a year. The US average is $69,021 a year.