Lincoln township (Marshall County), MN Economy


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United States / Minnesota / No Metro Area / Marshall County / Lincoln township (Marshall County) / Zip Codes
Lincoln Township (Marshall Cnty), MN is a great place for families and individuals alike. It has a low cost of living, with an estimated 2 bedroom rent of $850 compared to the US average of $1,430. The Grocery Cost Index in Lincoln Township is also lower than the national average, at 93 compared to 100 in the US. This makes it an ideal location for anyone looking for affordable living costs.
This small town has plenty to offer its residents, including local companies like Marshall County Industrial Park which offers businesses space and resources to grow their businesses and employment opportunities for locals. Other attractions include Lake Benton Golf Course, a championship golf course with unique challenges and scenic landscapes; or the Moulton Marsh Wildlife Area offering outdoor recreational activities such as hunting, fishing, biking, and more. With its low cost of living and plethora of things to do in the area, Lincoln Township (Marshall Cnty), MN is truly a great place to live!

Lincoln township (Marshall County) has an unemployment rate of 6.6%. The US average is 6.0%.

Lincoln township (Marshall County) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Lincoln township (Marshall County)
- The Sales Tax Rate for Lincoln township (Marshall County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lincoln township (Marshall 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 Lincoln township (Marshall County)
- The average income of a Lincoln township (Marshall County) resident is $30,758 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln township (Marshall County) resident is $41,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln township (Marshall 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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