Grand Plain, MN Economy


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United States / Minnesota / No Metro Area / Marshall County / Grand Plain / Zip Codes
Grand Plain, MN is a small rural town located in the Midwest. It is known for its affordable living costs with a two bedroom rent of $930, which is much lower than the US average of $1,430. The Grocery Cost Index in Grand Plain is also lower than the national average at 94 versus 100. Local companies include Grand Plain Agri-Business Inc., CenturyLink, and Halverson Farms Trucking & Excavating LLC. There are several schools including Grand Plain Elementary School and Liberty High School. There are also various attractions to visit such as The Golf Course at Rolling Hills and River Park.

Grand Plain has an unemployment rate of 6.6%. The US average is 6.0%.

Grand Plain has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Grand Plain
- The Sales Tax Rate for Grand Plain is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Grand Plain 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 Plain
- The average income of a Grand Plain resident is $37,568 a year. The US average is $37,638 a year.
- The Median household income of a Grand Plain resident is $97,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Plain, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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