Six Mile Grove, MN Economy


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United States / Minnesota / No Metro Area / Swift County / Six Mile Grove / Zip Codes
Six Mile Grove, MN is a small town located in the northwestern part of the state. It is home to a variety of businesses including grocery stores, pharmacies, restaurants, and other retail shops. The town also offers plenty of amenities such as parks, recreational activities, and entertainment options. Additionally, Six Mile Grove has many community attractions such as its annual fairs and festivals which draw visitors from across the state. Residents enjoy low housing costs with 2 bedroom rent averaging just $860 compared to the US average of $1,430. Grocery costs are also below average with a grocery cost index of 95 versus 100 in the US. Overall, Six Mile Grove provides ample opportunities for those looking for affordable living while still providing access to necessary amenities and fun attractions within the community.

Six Mile Grove has an unemployment rate of 5.6%. The US average is 6.0%.

Six Mile Grove has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Six Mile Grove
- The Sales Tax Rate for Six Mile Grove is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Six Mile Grove 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 Six Mile Grove
- The average income of a Six Mile Grove resident is $24,539 a year. The US average is $28,555 a year.
- The Median household income of a Six Mile Grove resident is $85,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySix Mile Grove, MinnesotaUnited States
  5.66
  -1.8%-6.2%
  25.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $36,339$37,638
  $85,000$69,021
  $88,750$85,028
  Population by Occupation
  17.2%1.2%
  0.0%0.5%
  9.7%6.8%
  3.2%10.0%
  5.4%2.5%
  4.3%11.0%
  2.2%4.8%
  6.5%0.8%
  0.0%1.9%
  9.7%4.7%
  0.0%1.9%
  7.5%7.6%
  0.0%0.1%
  0.0%4.2%
  5.4%9.3%
  6.5%14.0%
  0.0%2.1%
  12.9%7.0%
  7.5%4.8%
  2.2%4.7%
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