Shafer township, MN is a small rural town located in northern Minnesota. The town has a population of about 4,000 people and is home to many local businesses and attractions. Many of these include the Shafer Township Museum, Shafer Garden Center, and Lakeview Restaurant. There are also several locally owned stores like Home Town Hardware and Gander Outdoors for all your outdoor needs. The median rent for two bedroom apartments in Shafer township is $1,220 which is significantly lower than the US average of $1,430. Grocery costs in Shafer Township are also lower than the national average with an index score of 99 versus 100 nationwide.
Shafer township has an unemployment rate of 5.4%. The US average is 6.0%.
Shafer township has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Shafer township
- The Sales Tax Rate for Shafer township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Shafer 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 Shafer township
- The average income of a Shafer township resident is $30,654 a year. The US average is $28,555 a year.
- The Median household income of a Shafer township resident is $96,375 a year. The US average is $69,021 a year.