Grand Meadow township, MN is a great place to live with an affordable cost of living. The average 2 bedroom rent is only $960 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Grand Meadow township is 96 versus 100 in the US, indicating that groceries are also quite affordable here.
There are many local companies and attractions in Grand Meadow township as well. Some notable businesses include Webbers Automotive Repair & Sales, Zaverl's Grocery Store and Carlson's Hardware Store. For recreational activities, there are plenty of options such as Lakeside Golf Course, Grand Meadow Fish Hatchery and Grand Meadow State Park. There’s something for everyone to enjoy here!
Grand Meadow township has an unemployment rate of 4.2%. The US average is 6.0%.
Grand Meadow township has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Grand Meadow township
- The Sales Tax Rate for Grand Meadow township is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Grand Meadow 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 Grand Meadow township
- The average income of a Grand Meadow township resident is $39,346 a year. The US average is $28,555 a year.
- The Median household income of a Grand Meadow township resident is $79,167 a year. The US average is $69,021 a year.