Green Isle, MN Economy


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Green Isle, MN is a charming town located in the Midwest. It’s a great place to live for those looking for city amenities without the hustle and bustle of a large city. The average 2 bedroom rent in Green Isle is slightly higher than the national average at $1,570 per month. The grocery cost index in Green Isle is 98 compared to 100 nationally, making it an affordable place to live. The local economy offers many businesses and services that make living here enjoyable. Popular employers include Green Isle Community College, Green Isle Post Office, and Dolly's Family Restaurant. There are also several local shops offering anything from clothing to home goods like Home Depot and Walmart Supercenter. Additionally, there are plenty of parks and recreation opportunities such as Fisherman's Cove Park, Silver Lake State Park, and Nature Center of Green Isle.

Green Isle has an unemployment rate of 5.3%. The US average is 6.0%.

Green Isle has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Green Isle
- The Sales Tax Rate for Green Isle is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Green Isle 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 Green Isle
- The average income of a Green Isle resident is $22,964 a year. The US average is $28,555 a year.
- The Median household income of a Green Isle resident is $68,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreen Isle, MinnesotaUnited States
  5.36
  -2.9%-6.2%
  29.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $26,725$37,638
  $68,125$69,021
  $80,536$85,028
  Population by Occupation
  6.4%1.2%
  0.0%0.5%
  24.2%6.8%
  16.3%10.0%
  0.0%2.5%
  12.1%11.0%
  8.3%4.8%
  0.0%0.8%
  0.0%1.9%
  2.3%4.7%
  0.0%1.9%
  6.1%7.6%
  0.0%0.1%
  3.0%4.2%
  2.3%9.3%
  12.1%14.0%
  1.1%2.1%
  2.3%7.0%
  1.5%4.8%
  1.9%4.7%
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