Good Hope Township (Norman Cnty), MN is a great place to live. It offers a high quality of life with excellent access to local amenities and good job opportunities. The cost of living in Good Hope Township is relatively low when compared to other towns across the US. Rent for a two bedroom apartment averages at $810 per month, which is significantly lower than the national average of $1,430 per month. Additionally, the Grocery Cost Index in Good Hope township is 93, which is 7 points lower than the national average of 100.
Good Hope Township is home to many businesses such as Caralee Auctions and Appraisals, Yolanda’s Tots Daycare & Preschool, and Farm Bureau Insurance – Christopher Bongard Agency. These companies have served the community for years and provide excellent services. With its low cost of living and access to great amenities and job opportunities, Good Hope Township is an attractive destination for many people looking for a new place to call home.
Good Hope township (Norman County) has an unemployment rate of 5.7%. The US average is 6.0%.
Good Hope township (Norman County) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Good Hope township (Norman County)
- The Sales Tax Rate for Good Hope township (Norman County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Good Hope township (Norman 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 Good Hope township (Norman County)
- The average income of a Good Hope township (Norman County) resident is $22,167 a year. The US average is $37,638 a year.
- The Median household income of a Good Hope township (Norman County) resident is $47,500 a year. The US average is $69,021 a year.