Finlayson Township, MN is an attractive place to live due to its low cost of living and affordable rent prices. The average two bedroom rent in Finlayson township is $1,000 compared to the US average of $1,430. Furthermore, the local grocery cost index in Finlayson township is 97 compared to 100 in the US. This means grocery items are more affordable than they would be elsewhere in the US. Finlayson is home to many businesses including D&D Automotive, Simonson Lumber & Hardware, and Countryside Grocery Store. Located in Pine County with a population of almost 500 people as of 2019, Finlayson Township makes for a great place to call home due to its proximity to nature while still being close enough to larger cities for work and entertainment opportunities.
Finlayson township has an unemployment rate of 7.7%. The US average is 6.0%.
Finlayson township 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 Finlayson township
- The Sales Tax Rate for Finlayson township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Finlayson 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 Finlayson township
- The average income of a Finlayson township resident is $20,688 a year. The US average is $28,555 a year.
- The Median household income of a Finlayson township resident is $53,990 a year. The US average is $69,021 a year.