Lakeside township (Cottonwood County), MN Economy


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United States / Minnesota / No Metro Area / Cottonwood County / Lakeside township (Cottonwood County) / Zip Codes
Lakeside township (Cottonwood Cnty), MN is a vibrant community with many local businesses and amenities. Rent for two-bedroom apartments is much lower than the US average, at $890 compared to $1,430, making it an attractive place to live for those on a budget. The grocery cost index in Lakeside township is 94 versus 100 in the US, adding to it's affordability and appeal. Local companies include the popular park café, Green Valley Community Center, and Lakeside Bicycle. There are also plenty of parks and jogging trails in the area for outdoor recreation. Residents can also enjoy shopping at local boutiques and catching a show at Lakeside Theater. With its low costs of living and numerous activities to enjoy, Lakeside township (Cottonwood Cnty), MN offers something for everyone!

Lakeside township (Cottonwood County) has an unemployment rate of 4.1%. The US average is 6.0%.

Lakeside township (Cottonwood County) has seen the job market increase by 4.8% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.

Tax Rates for Lakeside township (Cottonwood County)
- The Sales Tax Rate for Lakeside township (Cottonwood County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lakeside township (Cottonwood 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 Lakeside township (Cottonwood County)
- The average income of a Lakeside township (Cottonwood County) resident is $34,966 a year. The US average is $37,638 a year.
- The Median household income of a Lakeside township (Cottonwood County) resident is $85,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeside township (Cottonwood County), 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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