New Auburn township, MN is a small town located in northern Minnesota. It hosts a variety of attractions and activities that make it an ideal place to live. The cost of living here is relatively low compared to other parts of the country, with 2 bedroom rent at only $970 per month. The Grocery Cost Index in New Auburn township is 97 versus 100 in the US, which makes food more affordable for residents. Local companies include Valley Produce & Farmers Market, Old Town Cafe & Ice Cream Parlor, and K&D Hardware Store. These businesses are important to the community and provide locals with goods and services that may not be available in bigger cities.
New Auburn township has an unemployment rate of 5.3%. The US average is 6.0%.
New Auburn township has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for New Auburn township
- The Sales Tax Rate for New Auburn township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for New Auburn 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 New Auburn township
- The average income of a New Auburn township resident is $33,139 a year. The US average is $28,555 a year.
- The Median household income of a New Auburn township resident is $82,500 a year. The US average is $69,021 a year.