Logan township (Grant Cnty), MN is a vibrant area with numerous companies and institutions that help drive its economy. Companies like Logan Township Oil & Gas, G&F Minerals, and Hunter Manufacturing are all major employers in the region. These companies employ hundreds of people from the local area. In addition to these private employers, there are several educational institutions like Northland Community College and Beulah Public School that provide locals with opportunities for education and training. The combination of these employers creates an environment where everyone is able to find a job or further their education. This dynamic setting has been instrumental in making Logan township (Grant Cnty), MN a great place to live with affordable 2 bedroom rent at $820 per month compared to the national average of $1,430. The cost of living in Logan township (Grant Cnty) is also significantly lower than other states as revealed by the Grocery Cost Index which stands at 93 versus 100 in the US.
Logan township (Grant County) has an unemployment rate of 5.4%. The US average is 6.0%.
Logan township (Grant County) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Logan township (Grant County)
- The Sales Tax Rate for Logan township (Grant County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Logan township (Grant 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 Logan township (Grant County)
- The average income of a Logan township (Grant County) resident is $68,427 a year. The US average is $37,638 a year.
- The Median household income of a Logan township (Grant County) resident is $91,042 a year. The US average is $69,021 a year.