Dexter township, MN is a great place to settle down for anyone looking for an affordable cost of living. With two bedroom rent costing $970 per month, this is much lower than the US average rent of $1,430. Additionally, groceries are relatively inexpensive in Dexter township with a Grocery Cost Index of 96 compared to the US average of 100. Being located in Minnesota, there are plenty of local businesses that residents can take advantage of including Twin Cities based companies like Target Corporation, 3M Company and Best Buy Co Inc. Other local businesses offering exciting opportunities include The Mosaic Company and Ecolab Incorporated. Whether you are looking for employment or just want to enjoy the benefits that come with being part of a small town community, Dexter township has plenty to offer its residents.
Dexter township has an unemployment rate of 4.2%. The US average is 6.0%.
Dexter township has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Dexter township
- The Sales Tax Rate for Dexter township is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Dexter 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 Dexter township
- The average income of a Dexter township resident is $29,040 a year. The US average is $28,555 a year.
- The Median household income of a Dexter township resident is $104,167 a year. The US average is $69,021 a year.