Pleasant Grove, MN Economy


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Pleasant Grove, MN is a great place to live. The rent for a two-bedroom is much lower than the national average at just $1,130 compared to $1,430. Groceries are also a bargain in Pleasant Grove since the Grocery Cost Index is 99 versus 100 in the US. Plus, there are several appealing local businesses and attractions located in Pleasant Grove. Popular choices include Old Tyme Candy Shoppe for nostalgia and delicious treats, Twin Cities Sports Cards for sports memorabilia and gaming cards, and Valleywood Golf Course for outdoor activities. Whether you're looking for adventure or relaxation, you're sure to find something enjoyable in Pleasant Grove.

Pleasant Grove has an unemployment rate of 3.7%. The US average is 6.0%.

Pleasant Grove 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 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Pleasant Grove
- The Sales Tax Rate for Pleasant Grove is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Pleasant Grove 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 Pleasant Grove
- The average income of a Pleasant Grove resident is $31,437 a year. The US average is $28,555 a year.
- The Median household income of a Pleasant Grove resident is $69,531 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPleasant Grove, MinnesotaUnited States
  3.76
  -0.9%-6.2%
  33.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $42,135$37,638
  $69,531$69,021
  $92,500$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  11.9%6.8%
  5.4%10.0%
  2.9%2.5%
  3.4%11.0%
  7.8%4.8%
  0.5%0.8%
  0.0%1.9%
  5.4%4.7%
  2.1%1.9%
  2.1%7.6%
  0.0%0.1%
  8.5%4.2%
  4.4%9.3%
  18.7%14.0%
  3.9%2.1%
  4.4%7.0%
  5.2%4.8%
  6.7%4.7%
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