Gaylord, MN Economy


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Gaylord, MN is a small town offering its residents a peaceful and quiet atmosphere. This is evidenced by the lower prices for rent and groceries when compared to the US average. It's 2 Bedroom Rent is $1,000 while the US average is $1,430 and it's Grocery Cost Index is 96 versus 100 in the US. Gaylord has several local companies such as; Gallery Auto Services which provides repair services to local vehicles, Saunders Foods which offers fresh produce and meat products, and Becker Sport Shop which specializes in sporting goods. As a community driven town, Gaylord values their local businesses and supports them with enthusiasm.

Gaylord has an unemployment rate of 5.3%. The US average is 6.0%.

Gaylord has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Gaylord
- The Sales Tax Rate for Gaylord is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gaylord 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 Gaylord
- The average income of a Gaylord resident is $32,085 a year. The US average is $37,638 a year.
- The Median household income of a Gaylord resident is $52,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGaylord, 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%
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