Pine Point township, MN is a great place to live due to its affordability and convenience. Residents of the town enjoy access to many amenities, including some local businesses such as Grocer’s Market, Pine Pharmacy and Smith Hardware Store. The average rent for a two-bedroom apartment in Pine Point township is $840 - significantly lower than the national average of $1,430. Additionally, the grocery cost index in Pine Point township is 97 versus 100 in the US which further illustrates just how affordable living here can be. With its plentiful amenities and affordable living costs, it is no wonder why Pine Point township has become a desirable place to call home.
Pine Point township has an unemployment rate of 5.3%. The US average is 6.0%.
Pine Point township has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Pine Point township
- The Sales Tax Rate for Pine Point township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pine Point 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 Pine Point township
- The average income of a Pine Point township resident is $14,087 a year. The US average is $28,555 a year.
- The Median household income of a Pine Point township resident is $36,250 a year. The US average is $69,021 a year.