Sacred Heart township, MN is a great place to live with plenty of local businesses to choose from. The cost of living is very affordable compared to national averages, with 2 bedroom rent costing only $820 per month. Grocery costs are also much lower than the national average at 94 compared to 100 in the US. Local businesses include grocery store chains like Aldi and Cub Foods, department stores like Target and Walmart, as well as smaller mom-and-pop shops. The town also offers many entertainment options such as movie theaters, restaurants, cafés, and bars for locals to enjoy. All in all, Sacred Heart township's cost of living makes it an ideal place to settle down and call home.
Sacred Heart township has an unemployment rate of 5.9%. The US average is 6.0%.
Sacred Heart township has seen the job market increase by 6.7% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Sacred Heart township
- The Sales Tax Rate for Sacred Heart township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sacred Heart township 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 Sacred Heart township
- The average income of a Sacred Heart township resident is $31,334 a year. The US average is $28,555 a year.
- The Median household income of a Sacred Heart township resident is $82,000 a year. The US average is $69,021 a year.