Pierz township, MN Economy


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United States / Minnesota / No Metro Area / Morrison County / Pierz township / Zip Codes
Pierz township, MN is a small town with many local businesses and a great cost of living. With only 2 bedroom rent costing $820 compared to the US at $1,430, it is much more affordable to live in Pierz Township. The Grocery Cost Index also reflects this affordability with an index of 100, just like in the US. Local businesses include the Paradise Park & Campground, Pierz Bakery & Cafe, and Pierz Hardware Hank for all your needs. The cost of living in Pierz township is a great way to save money while enjoying local amenities and services.

Pierz township has an unemployment rate of 7.1%. The US average is 6.0%.

Pierz township 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 Pierz township
- The Sales Tax Rate for Pierz township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pierz 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 Pierz township
- The average income of a Pierz township resident is $27,274 a year. The US average is $37,638 a year.
- The Median household income of a Pierz township resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPierz township, MinnesotaUnited States
  7.16
  0.4%-6.2%
  24.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $27,274$37,638
  $77,500$69,021
  $70,417$85,028
  Population by Occupation
  10.6%1.2%
  0.0%0.5%
  11.6%6.8%
  13.6%10.0%
  5.3%2.5%
  9.3%11.0%
  2.0%4.8%
  0.3%0.8%
  1.3%1.9%
  3.3%4.7%
  1.7%1.9%
  3.0%7.6%
  0.0%0.1%
  2.3%4.2%
  10.6%9.3%
  19.2%14.0%
  1.7%2.1%
  3.6%7.0%
  0.3%4.8%
  0.3%4.7%
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