Ripley township (Morrison County), MN Economy


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United States / Minnesota / No Metro Area / Morrison County / Ripley township (Morrison County) / Zip Codes
Ripley township (Morrison Cnty), MN is a pleasant small town located in the Midwest. Rent for two bedrooms is typically around $910, which is much lower than the national average of $1,430. The cost of living in Ripley township is also lower than the national average as evidenced by the grocery cost index being 98 versus 100 nationally.
In terms of local business and attractions, the area is home to several restaurants such as Grandma's Kitchen, local stores like Coborn's Superstore and beautiful sites like Camp Ripley Conservation Center and Sibley State Park. There are also numerous outdoor activities available to enjoy such as fishing, camping, hiking, hunting and more. All these activities make Ripley township an ideal place for people looking for an affordable living option while enjoying all the outdoor amenities that Minnesota has to offer.

Ripley township (Morrison County) has an unemployment rate of 7.1%. The US average is 6.0%.

Ripley township (Morrison County) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Ripley township (Morrison County)
- The Sales Tax Rate for Ripley township (Morrison County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Ripley township (Morrison 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 Ripley township (Morrison County)
- The average income of a Ripley township (Morrison County) resident is $27,113 a year. The US average is $28,555 a year.
- The Median household income of a Ripley township (Morrison County) resident is $64,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRipley township (Morrison County), MinnesotaUnited States
  7.16
  0.4%-6.2%
  24.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,314$37,638
  $64,792$69,021
  $86,875$85,028
  Population by Occupation
  17.3%1.2%
  0.0%0.5%
  9.4%6.8%
  2.3%10.0%
  6.4%2.5%
  9.6%11.0%
  4.4%4.8%
  0.6%0.8%
  0.0%1.9%
  1.8%4.7%
  0.3%1.9%
  1.5%7.6%
  0.0%0.1%
  2.0%4.2%
  3.5%9.3%
  21.3%14.0%
  3.8%2.1%
  1.5%7.0%
  10.8%4.8%
  3.5%4.7%
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