Slayton Township, MN is a great place to live and work. The rent for a two bedroom apartment is relatively inexpensive at $840 compared to the national average of $1,430. For those looking to save money on groceries, the Grocery Cost Index in Slayton township is 94 versus 100 in the US, making it an attractive shopping option. Local employers include Walmart, Cargill, and Tyson Foods. Additionally, several small businesses are located in Slayton Township such as Slayton Tire & Automotive Center, Troutman Motors LLC , and Ries Electric Inc.
Slayton township has an unemployment rate of 6.4%. The US average is 6.0%.
Slayton township has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Slayton township
- The Sales Tax Rate for Slayton township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Slayton 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 Slayton township
- The average income of a Slayton township resident is $39,166 a year. The US average is $28,555 a year.
- The Median household income of a Slayton township resident is $82,321 a year. The US average is $69,021 a year.