Prairie View, MN Economy


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Prairie View, MN is an excellent place to live with plenty of amenities that suit the needs of all its residents. There are plenty of local businesses to enjoy, such as restaurants, supermarkets, theaters and more. The city also has many recreational opportunities at nearby parks and lakes. Moreover, rent for two bedroom apartments is relatively lower than the national average which makes living in Prairie View very affordable. In addition to these advantages, shoppers will find that the grocery cost index in Prairie View is 96 versus 100 in the US making it an even better value. All in all, Prairie View provides an excellent balance between quality of life and affordability for its residents.

Prairie View has an unemployment rate of 4.1%. The US average is 6.0%.

Prairie View 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 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Prairie View
- The Sales Tax Rate for Prairie View is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Prairie View 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 Prairie View
- The average income of a Prairie View resident is $36,909 a year. The US average is $28,555 a year.
- The Median household income of a Prairie View resident is $104,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrairie View, MinnesotaUnited States
  4.16
  -2.3%-6.2%
  20.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $42,556$37,638
  $104,583$69,021
  $127,500$85,028
  Population by Occupation
  10.8%1.2%
  0.0%0.5%
  10.0%6.8%
  8.5%10.0%
  3.8%2.5%
  6.9%11.0%
  1.5%4.8%
  6.9%0.8%
  0.0%1.9%
  6.2%4.7%
  0.0%1.9%
  1.5%7.6%
  0.0%0.1%
  0.0%4.2%
  6.2%9.3%
  9.2%14.0%
  0.0%2.1%
  4.6%7.0%
  3.1%4.8%
  20.8%4.7%
Health
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