Foley, MN Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Foley, MN is a small city with plenty of charm. With a Grocery Cost Index of 97 compared to the national average of 100, it's an affordable place to live. The average rent for a two bedroom apartment is $1,230 - much lower than the US average of $1,430. In Foley, there are many local companies to choose from for employment or entertainment including D&A Entertainment, Foley Floral & Gifts, and Foley Ready-Mix Concrete. The city also offers many outdoor activities like fishing, boating, and camping - perfect for nature enthusiasts.

Foley has an unemployment rate of 6.1%. The US average is 6.0%.

Foley has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.

Tax Rates for Foley
- The Sales Tax Rate for Foley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Foley 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 Foley
- The average income of a Foley resident is $27,650 a year. The US average is $37,638 a year.
- The Median household income of a Foley resident is $68,580 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoley, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
Compare Foley, MN
cost of living
Compare food, housing, utilities, and more in Foley, Minnesota to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.