Greenwood township (Clearwater County), MN Economy


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United States / Minnesota / No Metro Area / Clearwater County / Greenwood township (Clearwater County) / Zip Codes
Greenwood Township (Clearwater County), MN has much to offer for its residents. It is a great place to live with affordable two bedroom rent costs of only $820 per month compared to the national average of $1,430. Not only are rent costs low, but grocery costs are also significantly lower than the US average index of 100 at 93. The area is home to multiple attractions and businesses such as Clearwater Lake Regional Park, Hy-Vee Grocery Store, Walmart Supercenter, and Ace Hardware. With its affordable cost of living and abundance of nearby attractions, Greenwood Township (Clearwater County) is an ideal place to raise a family or retire comfortably.

Greenwood township (Clearwater County) has an unemployment rate of 8.7%. The US average is 6.0%.

Greenwood township (Clearwater County) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Greenwood township (Clearwater County)
- The Sales Tax Rate for Greenwood township (Clearwater County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Greenwood township (Clearwater County) 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 Greenwood township (Clearwater County)
- The average income of a Greenwood township (Clearwater County) resident is $17,866 a year. The US average is $37,638 a year.
- The Median household income of a Greenwood township (Clearwater County) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenwood township (Clearwater County), MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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