Cleveland township, MN Economy


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Cleveland Township, MN is an appealing place to call home due to its affordable cost of living. The average rent for a 2 bedroom apartment in this area is $870 compared to the US average of $1,430. Similarly, the local Grocery Cost Index is 99 compared to the national baseline of 100. This makes Cleveland Township a great place for those looking to save while still having access to necessary resources and amenities. The area has several local businesses such as the Cleveland Market grocery store, Hilltop Cafe restaurant, and Maple Creek golf course. There are also many parks and trails in the area that add value to life in Cleveland Township. Residents can also enjoy affordable housing choices with plenty of options near popular shopping centers and schools. All these factors contribute to making Cleveland Township an attractive option for people looking for an affordable place to live without sacrificing quality of life.

Cleveland township has an unemployment rate of 6.8%. The US average is 6.0%.

Cleveland 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 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Cleveland township
- The Sales Tax Rate for Cleveland township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cleveland 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 Cleveland township
- The average income of a Cleveland township resident is $33,938 a year. The US average is $28,555 a year.
- The Median household income of a Cleveland township resident is $86,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCleveland township, MinnesotaUnited States
  6.86
  -3.4%-6.2%
  31.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $51,758$37,638
  $86,429$69,021
  $104,821$85,028
  Population by Occupation
  7.3%1.2%
  0.0%0.5%
  9.4%6.8%
  19.1%10.0%
  6.1%2.5%
  3.3%11.0%
  5.4%4.8%
  0.5%0.8%
  1.2%1.9%
  2.1%4.7%
  1.4%1.9%
  4.0%7.6%
  0.0%0.1%
  2.1%4.2%
  6.6%9.3%
  14.9%14.0%
  4.5%2.1%
  5.2%7.0%
  3.1%4.8%
  3.8%4.7%
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