Parker township (Morrison County), MN Economy


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United States / Minnesota / No Metro Area / Morrison County / Parker township (Morrison County) / Zip Codes
Parker township (Morrison Cnty), MN is a great place to live. With an average two-bedroom rent of just $830, the area offers cost-effective living. The grocery cost index in Parker township (Morrison Cnty), MN is 97 compared to the United State's 100 index, so it's easy to see why living here can be so affordable. Local businesses have a significant impact on the economy of Parker township (Morrison Cnty), MN and its residents. Companies such as Morrison County Lumber, Artisan Bakery, and Pizza Barn offer local goods and services that help keep the community thriving. Not only are these businesses important for providing employment opportunities but they also bring unique products to the community which helps boost tourism.

Parker township (Morrison County) has an unemployment rate of 7.1%. The US average is 6.0%.

Parker township (Morrison County) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Parker township (Morrison County)
- The Sales Tax Rate for Parker township (Morrison County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Parker township (Morrison 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 Parker township (Morrison County)
- The average income of a Parker township (Morrison County) resident is $34,930 a year. The US average is $37,638 a year.
- The Median household income of a Parker township (Morrison County) resident is $77,639 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParker township (Morrison 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%
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