Goodland township, MN Economy


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United States / Minnesota / No Metro Area / Itasca County / Goodland township / Zip Codes
Goodland, MN is a small town with a population of less than 400 people located in north-central Minnesota. The cost of living is very reasonable, with a 2 bedroom rent of $950 compared to the US average of $1,430. Grocery costs are also low, with an index of 96 compared to the national average of 100. There are several local companies in Goodland that offer residents an array of jobs. Goodland has a school district (ISD#2156), a fire department, and two churches. Other businesses include Trademark Construction Inc., Countryside Carpet & Floor Covering, K-Bar Farms LLC, and Agri-Livestock Systems LLC. Local jobs range from construction workers and carpet installers to farm hands and livestock caretakers.

Goodland township has an unemployment rate of 6.2%. The US average is 6.0%.

Goodland township has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Goodland township
- The Sales Tax Rate for Goodland township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Goodland township 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 Goodland township
- The average income of a Goodland township resident is $40,814 a year. The US average is $37,638 a year.
- The Median household income of a Goodland township resident is $62,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoodland township, MinnesotaUnited States
  6.26
  -1.9%-6.2%
  20.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $40,814$37,638
  $62,500$69,021
  $75,536$85,028
  Population by Occupation
  1.2%1.2%
  3.6%0.5%
  3.0%6.8%
  9.1%10.0%
  4.2%2.5%
  19.4%11.0%
  1.2%4.8%
  2.4%0.8%
  0.0%1.9%
  9.1%4.7%
  0.0%1.9%
  9.7%7.6%
  0.0%0.1%
  1.2%4.2%
  13.3%9.3%
  10.3%14.0%
  0.0%2.1%
  4.2%7.0%
  0.0%4.8%
  7.9%4.7%
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