Graceville township, MN is a small town located within the United States that offers an affordable lifestyle for those looking to rent. The average two bedroom rent in Graceville township is only $810 per month, which is significantly lower than the United States' average of $1,430 per month. Additionally, the grocery cost index in Graceville township is 93 compared to 100 in the US. Local companies include restaurants such as Bob's Burger Shack and Pippa's Pizza Parlor, as well as other amenities such as a local library and post office. Many people find that living in Graceville township is much more economical than other parts of the country, leading to a high quality of life despite its small size and population.
Graceville township has an unemployment rate of 5.9%. The US average is 6.0%.
Graceville township has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Graceville township
- The Sales Tax Rate for Graceville township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Graceville 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 Graceville township
- The average income of a Graceville township resident is $23,304 a year. The US average is $37,638 a year.
- The Median household income of a Graceville township resident is $0 a year. The US average is $69,021 a year.