Delavan township, MN is a small town located in Waseca County. It has a population of around 1,400 people and offers a rural lifestyle away from the hustle and bustle of larger cities. The cost of living in Delavan township is generally cheaper than average for the US as a whole. For instance, the average two-bedroom rent here is only $820 compared to the national average which is $1,430. Additionally, groceries also tend to be cheaper with an index score of 93 out of 100 compared to 100 for the US overall.
There are several major local companies operating in Delavan township such as HyVee Grocery Store, Immanuel Lutheran Church and Kato Engineering Inc., to name a few. These businesses offer various services and employment opportunities to the local community while contributing to its economic development. In conclusion, Delavan township provides its residents with a low-cost lifestyle and quality job prospects, making it an ideal place to live for those looking for a quieter way of life.
Delavan township has an unemployment rate of 5.2%. The US average is 6.0%.
Delavan township has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Delavan township
- The Sales Tax Rate for Delavan township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Delavan 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 Delavan township
- The average income of a Delavan township resident is $30,585 a year. The US average is $28,555 a year.
- The Median household income of a Delavan township resident is $73,750 a year. The US average is $69,021 a year.