Forest township (Becker County), MN Economy


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United States / Minnesota / No Metro Area / Becker County / Forest township (Becker County) / Zip Codes
Forest township (Becker Cnty), MN is a great place to call home. With an average two bedroom rent of $840, it is a much more affordable option than other places in the US where two bedroom rent averages $1,430. The Grocery Cost Index in Forest Township (Becker Cny) is 97 which is slightly below the US index of 100. The area also boasts a variety of local businesses that make it a great place to live and work. There are many retail stores such as Walmart and Target, restaurants like Perkins and Olive Garden, and other services such as laundry and beauty salons. All in all, Forest Township (Becker Cnty) has something for everyone.

Forest township (Becker County) has an unemployment rate of 5.3%. The US average is 6.0%.

Forest township (Becker County) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Forest township (Becker County)
- The Sales Tax Rate for Forest township (Becker County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Forest township (Becker 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 Forest township (Becker County)
- The average income of a Forest township (Becker County) resident is $41,048 a year. The US average is $28,555 a year.
- The Median household income of a Forest township (Becker County) resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForest township (Becker County), MinnesotaUnited States
  5.36
  -2.2%-6.2%
  34.0%33.5%
  7.4%6.2%
  7.1%4.6%
  $47,097$37,638
  $71,250$69,021
  $72,188$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  5.6%11.0%
  55.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  22.2%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  5.6%14.0%
  0.0%2.1%
  0.0%7.0%
  5.6%4.8%
  5.6%4.7%
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