Poplar Grove, MN is a small town located near Minneapolis. It boasts a friendly atmosphere with plenty of family-run businesses that contribute to its thriving economy. The cost of living in Poplar Grove is quite affordable compared to other cities; currently, the two bedroom rent in Poplar Grove is $940 per month, while the average two bedroom rent rate in the US is $1,430. The grocery cost index in Poplar Grove is also lower than the national average - 93 versus 100. Popular local companies include Brainerd Manufacturing Company, who has been providing quality products for over 40 years and Fosston Implement Company which offers great outdoor equipment options. Overall, Poplar Grove provides an affordable lifestyle and strong economy for its citizens.
Poplar Grove has an unemployment rate of 3.9%. The US average is 6.0%.
Poplar Grove has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Poplar Grove
- The Sales Tax Rate for Poplar Grove is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Poplar 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 Poplar Grove
- The average income of a Poplar Grove resident is $35,496 a year. The US average is $37,638 a year.
- The Median household income of a Poplar Grove resident is $0 a year. The US average is $69,021 a year.