Florence township, MN is a great place to live. Not only does it have an affordable two bedroom rent of $970, which is much lower than the US average of $1,430, but it also has a grocery cost index that matches the US index of 100. This makes living in Florence township very budget friendly. In addition to the affordability factor, Florence township is home to many local companies such as Florence Township Veterinary Hospital and Cornucopia Foods. Both of these businesses offer quality services and products to residents of the area.
Florence township (Goodhue County) has an unemployment rate of 4.6%. The US average is 6.0%.
Florence township (Goodhue County) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Florence township (Goodhue County)
- The Sales Tax Rate for Florence township (Goodhue County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Florence township (Goodhue 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 Florence township (Goodhue County)
- The average income of a Florence township (Goodhue County) resident is $50,735 a year. The US average is $37,638 a year.
- The Median household income of a Florence township (Goodhue County) resident is $99,813 a year. The US average is $69,021 a year.