Pine Lake township (Pine County), MN Economy


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United States / Minnesota / No Metro Area / Pine County / Pine Lake township (Pine County) / Zip Codes
Pine Lake township (Pine Cnty), MN is a great place to live for those looking for a more affordable lifestyle. The average 2 bedroom rent in the township is much lower than the national average of $1430, sitting at just $990. Additionally, groceries are cheaper here too, with Pine Lake having an index of 98 compared to the US index of 100. The township has a variety of local companies such as U-Haul and Bimbo Bakeries USA that provide employment opportunities for its citizens. There are also locally owned businesses such as Big Daddy's Bar & Grill and Pine County Sport & Tackle that provide options for food and entertainment.

Pine Lake township (Pine County) has an unemployment rate of 7.7%. The US average is 6.0%.

Pine Lake township (Pine County) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Pine Lake township (Pine County)
- The Sales Tax Rate for Pine Lake township (Pine County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pine Lake township (Pine 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 Pine Lake township (Pine County)
- The average income of a Pine Lake township (Pine County) resident is $29,776 a year. The US average is $37,638 a year.
- The Median household income of a Pine Lake township (Pine County) resident is $67,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPine Lake township (Pine 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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