Fairfield township (Swift Cnty), MN is a great place to live. The cost of living is low, as the 2 bedroom rent rate is only $820 compared to $1,430 in the US. Grocery costs are also lower than the national average. The local economy consists of several businesses including Swift County Bank, Chris Drug Store, and Fairfield Family Healthcare Center. There are plenty of recreational facilities such as the Fairfield Community Center and Memorial Park, both offering a variety of activities for families and individuals alike. With its small-town charm and affordable cost of living, Fairfield township (Swift Cnty) is an ideal place to call home.
Fairfield township (Swift County) has an unemployment rate of 5.6%. The US average is 6.0%.
Fairfield township (Swift County) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Fairfield township (Swift County)
- The Sales Tax Rate for Fairfield township (Swift County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Fairfield township (Swift County) 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 Fairfield township (Swift County)
- The average income of a Fairfield township (Swift County) resident is $51,771 a year. The US average is $37,638 a year.
- The Median household income of a Fairfield township (Swift County) resident is $68,750 a year. The US average is $69,021 a year.