Liberty township (Polk Cnty), MN is a growing community with a variety of local businesses. Companies such as Polaris, Gander Outdoors, and Good Samaritan Society are just some of the many companies that call Liberty Township home. The housing situation in Liberty township is favorable for those looking to save money on rent as it’s 2 bedroom rental rate is $800 per month, much lower than the national average of $1,430. The grocery cost index in Liberty Township is also lower at 95 versus 100 in the US. This makes it an attractive option for those looking for affordable living without sacrificing amenities or a great quality of life.
Liberty township (Polk County) has an unemployment rate of 4.9%. The US average is 6.0%.
Liberty township (Polk County) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Liberty township (Polk County)
- The Sales Tax Rate for Liberty township (Polk County) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Liberty township (Polk 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 Liberty township (Polk County)
- The average income of a Liberty township (Polk County) resident is $30,984 a year. The US average is $28,555 a year.
- The Median household income of a Liberty township (Polk County) resident is $66,250 a year. The US average is $69,021 a year.