Germania, MN Economy


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United States / Minnesota / No Metro Area / Todd County / Germania / Zip Codes
Germania, MN is a small town known for its affordability and local businesses. The two bedroom rent in Germania is over $500 less than the US average at $830. Additionally, the grocery cost index in the town is 93 versus 100 in the US. As such, it's an ideal place to live for those looking to save money. Local companies include Germania Automotive Repair Shop and Germania Dental Services. Popular attractions include Lake Kthanie State Park where visitors can enjoy swimming, fishing, and camping. There's also the Uptown Art Gallery which features works from local artists as well as special events throughout the year. Finally, families can visit Grouse Mountain Range which provides stunning views of the surrounding countryside along with hiking trails and picnic areas.

Germania has an unemployment rate of 5.4%. The US average is 6.0%.

Germania has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Germania
- The Sales Tax Rate for Germania is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Germania 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 Germania
- The average income of a Germania resident is $17,617 a year. The US average is $37,638 a year.
- The Median household income of a Germania resident is $54,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGermania, MinnesotaUnited States
  5.46
  0.8%-6.2%
  35.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $17,617$37,638
  $54,107$69,021
  $59,167$85,028
  Population by Occupation
  16.6%1.2%
  0.0%0.5%
  14.1%6.8%
  27.6%10.0%
  0.6%2.5%
  4.9%11.0%
  4.9%4.8%
  1.2%0.8%
  3.7%1.9%
  0.0%4.7%
  0.0%1.9%
  2.5%7.6%
  0.0%0.1%
  0.0%4.2%
  4.9%9.3%
  15.3%14.0%
  0.0%2.1%
  1.2%7.0%
  2.5%4.8%
  0.0%4.7%
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