Sauk Rapids township, MN is an up-and-coming city located in Benton County. The area offers a small-town feel with an abundance of amenities and attractions for residents to enjoy. It is home to several popular local businesses such as B&B Auto Service, Sauk Rapids Pharmacy, and Mojo Coffeehouse & Cafe. The cost of living in Sauk Rapids Township is relatively low compared to other parts of Minnesota; the median two-bedroom rent is $1,250 whereas it is $1,430 in the US as a whole. Additionally, the grocery cost index in Sauk Rapids Township is 98 versus 100 in the US on average. This makes it a great place for families looking for affordable housing options and access to quality groceries.
Sauk Rapids township has an unemployment rate of 6.1%. The US average is 6.0%.
Sauk Rapids township has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.
Tax Rates for Sauk Rapids township
- The Sales Tax Rate for Sauk Rapids township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sauk Rapids 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 Sauk Rapids township
- The average income of a Sauk Rapids township resident is $32,802 a year. The US average is $28,555 a year.
- The Median household income of a Sauk Rapids township resident is $80,357 a year. The US average is $69,021 a year.