Milaca Township, MN is a small town located in central Minnesota. It boasts plenty of outdoor activities such as fishing on the many lakes in the area or exploring nearby state parks and trails. The cost of living is relatively low with a two bedroom rent costing $1,110 compared to the national average of $1,430. Grocery costs are also comparatively lower here at 98 versus the US average of 100. There are several notable local companies and businesses throughout Milaca Township including Milaca Auto Body, Milaca Family Dentistry, and Northern Shores International Realty. Overall, this small town is ideal for those looking for easy access to both nature and various amenities while still enjoying the comfort of an affordable cost of living.
Milaca township has an unemployment rate of 7.9%. The US average is 6.0%.
Milaca township has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Milaca township
- The Sales Tax Rate for Milaca township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Milaca 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 Milaca township
- The average income of a Milaca township resident is $28,046 a year. The US average is $28,555 a year.
- The Median household income of a Milaca township resident is $73,125 a year. The US average is $69,021 a year.