Greenwald, MN Economy


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Greenwald, MN is a small town located in the state of Minnesota. It has a population of just under 700 people, making it an ideal place for those looking for a more rural living experience. The average rent for a two-bedroom home in Greenwald is $970 which is much lower than the national average of $1,430. Additionally, there are many local amenities such as grocery stores with a cost index 94 compared to the US rate of 100. Popular local businesses include Greenwald Electric and Main Street Cafe. Overall, Greenwald provides an affordable and peaceful lifestyle that differs from what can be found in larger cities across the country.

Greenwald has an unemployment rate of 4.7%. The US average is 6.0%.

Greenwald has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Greenwald
- The Sales Tax Rate for Greenwald is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Greenwald 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 Greenwald
- The average income of a Greenwald resident is $26,462 a year. The US average is $28,555 a year.
- The Median household income of a Greenwald resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenwald, MinnesotaUnited States
  4.76
  -2.4%-6.2%
  33.8%33.5%
  7.1%6.2%
  7.1%4.6%
  $25,381$37,638
  $71,250$69,021
  $73,333$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  5.7%6.8%
  29.3%10.0%
  5.7%2.5%
  4.9%11.0%
  5.7%4.8%
  0.8%0.8%
  1.6%1.9%
  0.8%4.7%
  0.8%1.9%
  4.1%7.6%
  0.0%0.1%
  0.0%4.2%
  12.2%9.3%
  17.1%14.0%
  2.4%2.1%
  3.3%7.0%
  0.8%4.8%
  0.0%4.7%
Health
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