Grattan, MN Economy


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United States / Minnesota / No Metro Area / Itasca County / Grattan / Zip Codes
Grattan, MN is a small town in Minnesota with a thriving community. The 2 Bedroom Rent in Grattan, MN is $820 per month which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index for Grattan, MN is 94 versus the US average of 100; making it an affordable place to live. Local businesses in Grattan include Countryland Meats and Deli, Russ's on Main Street Bar and Grill, ValuLand Grocery Store, and Grattan Hardware. These businesses provide many services to residents of Grattan as well as visitors from other parts of Minnesota.

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

Grattan 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 Grattan
- The Sales Tax Rate for Grattan is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Grattan 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 Grattan
- The average income of a Grattan resident is $14,380 a year. The US average is $28,555 a year.
- The Median household income of a Grattan resident is $88,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrattan, MinnesotaUnited States
  6.26
  -1.9%-6.2%
  20.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $36,604$37,638
  $88,125$69,021
  $89,375$85,028
  Population by Occupation
  6.3%1.2%
  0.0%0.5%
  6.3%6.8%
  0.0%10.0%
  0.0%2.5%
  12.5%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  12.5%7.6%
  0.0%0.1%
  0.0%4.2%
  12.5%9.3%
  31.3%14.0%
  0.0%2.1%
  6.3%7.0%
  0.0%4.8%
  12.5%4.7%
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