La Grand, MN Economy


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La Grand, MN is a small town located in the heart of Minnesota. It offers residents a range of amenities at an affordable cost, with two bedroom renting rates averaging $870 while the US average is $1,430. Additionally, La Grand has a Grocery Cost Index of 100 which is equal to that of the US. The town also offers various local businesses and services such as La Grand Paint & Hardware Store, as well as Dr. Peterson's Family Practice Clinic and Vina's Beauty Salon. La Grand has something for everyone to enjoy!

La Grand has an unemployment rate of 4.1%. The US average is 6.0%.

La Grand has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for La Grand
- The Sales Tax Rate for La Grand is 7.4%. The US average is 7.3%.
- The Income Tax Rate for La Grand 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 La Grand
- The average income of a La Grand resident is $35,943 a year. The US average is $37,638 a year.
- The Median household income of a La Grand resident is $79,925 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Grand, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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