Indian Lake, Minnesota 

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Economy in Indian Lake, Minnesota

Indian Lake has an unemployment rate of 2.7%. The US average is 3.9%.

Indian Lake has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Indian Lake
- The Sales Tax Rate for Indian Lake is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Indian Lake 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 Indian Lake
- The average income of a Indian Lake resident is $32,568 a year. The US average is $28,555 a year.
- The Median household income of a Indian Lake resident is $63,125 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYIndian Lake, MinnesotaUnited States
  3.3%3.7%
  0.0%1.6%
  22.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $30,705$31,177
  $61,250$57,652
  $95,417$70,850
  POPULATION BY OCCUPATION
  27.6%1.3%
  0.0%0.6%
  9.4%6.2%
  7.9%10.4%
  3.2%2.7%
  10.2%11.6%
  0.0%4.1%
  3.2%0.9%
  1.6%2.1%
  0.0%4.7%
  1.6%1.9%
  0.8%6.7%
  0.0%0.1%
  0.0%4.3%
  11.0%9.3%
  6.3%13.8%
  0.0%2.2%
  3.2%7.4%
  8.7%4.9%
  5.5%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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