Pelan, MN Economy


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United States / Minnesota / No Metro Area / Kittson County / Pelan / Zip Codes
Pelan, MN is a great place to consider if you are looking for a place to live. The two bedroom rent in this city is considerably lower than the US average, at $960 versus $1,430. Additionally, the cost of groceries here is also lower compared to other parts of the country with an index of 92 verses 100 in the US. This makes it an attractive location for anyone looking to save money while living comfortably. There are many local companies in Pelan such as Miller Construction Company, Pelan State Bank and Green Mortgage Solutions LLC that provide residents with important services that keep the community running smoothly.

Pelan has an unemployment rate of 4.0%. The US average is 6.0%.

Pelan has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Pelan
- The Sales Tax Rate for Pelan is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Pelan 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 Pelan
- The average income of a Pelan resident is $31,482 a year. The US average is $28,555 a year.
- The Median household income of a Pelan resident is $72,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPelan, MinnesotaUnited States
  46
  0.7%-6.2%
  18.6%33.5%
  6.9%6.2%
  7.1%4.6%
  $32,229$37,638
  $72,500$69,021
  $61,875$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  0.0%6.8%
  41.7%10.0%
  0.0%2.5%
  0.0%11.0%
  8.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.3%4.2%
  0.0%9.3%
  37.5%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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