Lamberton township, MN Economy


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United States / Minnesota / No Metro Area / Redwood County / Lamberton township / Zip Codes
Lamberton Township, MN is a great place to live with plenty of local businesses, amenities and attractions. It offers a wide variety of homes for rent ranging from one-bedroom apartments to three-bedroom houses. The two bedroom rental rate in Lamberton Township is $840 compared to the US average of $1,430. The grocery cost index in Lamberton Township is 94 versus 100 in the US which makes it a very affordable place to live. Local companies include Farmers Insurance Agency, Blueberry Family Dentistry and Anderson Auto Parts. Amenities available include the Lamberton City Park where you can go for hiking or biking trails and Loon Lake Park which features a beach for swimming or boating. Attractions around town include the annual CornFest celebration every August which features carnival rides, fireworks and live music; and the nearby Minnesota Valley Wildlife Refuge bird watching center.

Lamberton township has an unemployment rate of 5.5%. The US average is 6.0%.

Lamberton township has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.

Tax Rates for Lamberton township
- The Sales Tax Rate for Lamberton township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lamberton township 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 Lamberton township
- The average income of a Lamberton township resident is $41,309 a year. The US average is $28,555 a year.
- The Median household income of a Lamberton township resident is $72,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLamberton township, MinnesotaUnited States
  5.56
  0.4%-6.2%
  5.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $38,407$37,638
  $72,000$69,021
  $86,250$85,028
  Population by Occupation
  16.8%1.2%
  0.0%0.5%
  22.8%6.8%
  5.0%10.0%
  4.0%2.5%
  6.9%11.0%
  7.9%4.8%
  0.0%0.8%
  2.0%1.9%
  5.0%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  1.0%4.2%
  5.9%9.3%
  12.9%14.0%
  0.0%2.1%
  1.0%7.0%
  4.0%4.8%
  1.0%4.7%
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