Pilot Mound, MN Economy


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Pilot Mound, MN is a small rural town located in the east central part of the state. This tight-knit community offers its residents plenty of amenities to enjoy including a few local businesses. The town has two grocery stores, Dingmann's Food Market and Pilot Mound Feeds & Grain, both of which provide excellent local produce at reasonable prices. There are also several restaurants and cafes in town, as well as a library, park, post office, and multiple churches. Residents also benefit from low rent costs; 2 bedroom apartments rent for around $960 compared to the US average of $1,430. Grocery costs here are slightly lower than the US average as well. Suffice it to say that Pilot Mound is an affordable place to live with plenty of amenities available to its residents.

Pilot Mound has an unemployment rate of 4.7%. The US average is 6.0%.

Pilot Mound has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Pilot Mound
- The Sales Tax Rate for Pilot Mound is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pilot Mound 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 Pilot Mound
- The average income of a Pilot Mound resident is $40,979 a year. The US average is $37,638 a year.
- The Median household income of a Pilot Mound resident is $88,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPilot Mound, 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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