Economy in Danforth, Minnesota

Danforth has an unemployment rate of 7.7%. The US average is 6.0%.

Danforth has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Danforth
- The Sales Tax Rate for Danforth is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Danforth 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 Danforth
- The average income of a Danforth resident is $30,157 a year. The US average is $28,555 a year.
- The Median household income of a Danforth resident is $54,107 a year. The US average is $53,482 a year.