Minneota township, MN is a small town with a population of around 5,500 people. It offers an excellent quality of life as the cost of living is quite low compared to other parts of the country. The rent for a two-bedroom apartment in Minneota township, MN is only $840 while the average rate for the same size unit in the U.S. is $1,430. Additionally, groceries also cost less in Minneota than elsewhere in America with a Grocery Cost Index score of 96 versus 100 for the nation as a whole.
When it comes to businesses in Minneota Township, MN there are some well-known local companies such as Minneota Milling Co., which produces products including flour and baking mixes, and Wilbur’s Agronomy Solutions which specializes in environmental management services for farmers and gardeners. In addition to these well known local companies there are many smaller businesses located within the town that provide goods and services to residents and visitors alike.
Overall, those looking for a more affordable lifestyle should consider making their home in Minneota township, MN where rental prices are much lower than most other places in America and groceries don't require breaking your budget either. With its multiple local businesses offering everything from flour production to agronomic solutions, you are sure to find what you need right here in this small town at an affordable price.
Minneota township (Jackson County) has an unemployment rate of 4.3%. The US average is 6.0%.
Minneota township (Jackson County) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 6.7%, which is lower than the US average of 33.5%.
Tax Rates for Minneota township (Jackson County)
- The Sales Tax Rate for Minneota township (Jackson County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Minneota township (Jackson 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 Minneota township (Jackson County)
- The average income of a Minneota township (Jackson County) resident is $35,199 a year. The US average is $37,638 a year.
- The Median household income of a Minneota township (Jackson County) resident is $64,732 a year. The US average is $69,021 a year.