Crow River, MN Economy


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Crow River, MN is a small town located in central Minnesota. The town has a population of approximately 15,000 people and is known for its friendly community. Local companies that can be found in Crow River include; Valley Bank, Crow River Food Co-op, and Crooked Creek Ace Hardware. The cost of living in Crow River is fairly low with rent for a two bedroom apartment coming in at $900 compared to the US average of $1,430, and the Grocery Cost Index being 95 compared to the US average of 100. This makes it an attractive option for people looking to settle down in a small town while also saving money on their everyday costs.

Crow River has an unemployment rate of 4.7%. The US average is 6.0%.

Crow River has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Crow River
- The Sales Tax Rate for Crow River is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Crow River 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 Crow River
- The average income of a Crow River resident is $24,734 a year. The US average is $28,555 a year.
- The Median household income of a Crow River resident is $55,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrow River, MinnesotaUnited States
  4.76
  -2.4%-6.2%
  33.8%33.5%
  7.1%6.2%
  7.1%4.6%
  $26,980$37,638
  $55,417$69,021
  $88,750$85,028
  Population by Occupation
  11.7%1.2%
  0.0%0.5%
  8.6%6.8%
  11.7%10.0%
  3.1%2.5%
  12.3%11.0%
  1.9%4.8%
  1.2%0.8%
  0.6%1.9%
  3.7%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  8.0%4.2%
  11.7%9.3%
  11.7%14.0%
  0.0%2.1%
  1.2%7.0%
  2.5%4.8%
  4.3%4.7%
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