Meadowlands township, MN Economy


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Meadowlands township, MN is a great place to live and work. Located in the heart of Minnesota, Meadowlands provides access to a variety of local amenities and businesses. The average 2 bedroom rent in Meadowlands is $850 which is significantly less than the US average of $1,430. Additionally, compared with 100 being the Grocery Cost Index in the US, Meadowlands Township has an index of 93 which indicates that groceries are even more affordable here. There are plenty of local companies to work for including the popular IKEA Store, Target Corporate Headquarters, and 3M Company. For leisure activities there’s the Mall of America nearby as well as many parks and other outdoor activities. All in all, Meadowlands Township provides affordability and plenty of opportunities for employment and entertainment alike.

Meadowlands township has an unemployment rate of 4.8%. The US average is 6.0%.

Meadowlands township has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Meadowlands township
- The Sales Tax Rate for Meadowlands township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Meadowlands 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 Meadowlands township
- The average income of a Meadowlands township resident is $21,527 a year. The US average is $28,555 a year.
- The Median household income of a Meadowlands township resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeadowlands township, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $35,567$37,638
  $71,250$69,021
  $78,750$85,028
  Population by Occupation
  1.8%1.2%
  3.0%0.5%
  10.8%6.8%
  13.2%10.0%
  2.4%2.5%
  4.8%11.0%
  7.8%4.8%
  0.6%0.8%
  0.0%1.9%
  0.6%4.7%
  0.0%1.9%
  4.8%7.6%
  0.0%0.1%
  1.2%4.2%
  19.2%9.3%
  18.6%14.0%
  2.4%2.1%
  0.6%7.0%
  3.6%4.8%
  4.8%4.7%
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