May township (Cass County), MN Economy


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May Township (Cass Cnty), MN is a small town located in central Minnesota. The town has many local businesses and is known for its strong sense of community. Local companies include Central Cass Bank, Greystone Coffee Shop & Cafe, and May Floral & Greenhouse. The area also has a variety of recreational activities such as camping, mountain biking, and skiing. While there is no exact population available for May Township (Cass Cnty), MN, the average two bedroom rent is $840 compared to the US average of $1,430. It also has a grocery cost index of 98 versus 100 in the United States. Overall, May Township (Cass Cnty), MN offers residents an affordable cost of living with great access to local businesses and recreational activities.

May township (Cass County) has an unemployment rate of 8.4%. The US average is 6.0%.

May township (Cass County) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.

Tax Rates for May township (Cass County)
- The Sales Tax Rate for May township (Cass County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for May township (Cass 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 May township (Cass County)
- The average income of a May township (Cass County) resident is $29,939 a year. The US average is $37,638 a year.
- The Median household income of a May township (Cass County) resident is $56,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMay township (Cass 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%
Health
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