South Haven, MN Economy


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South Haven, Minnesota is a charming small town located in the lower part of the state near the Iowa border. Known for its rural beauty and community spirit, South Haven offers an affordable cost of living, with two bedroom rent averaging $1,180 compared to the US average of $1,430. Additionally, grocery costs are on par with those in other parts of the country.
South Haven is home to numerous local businesses such as T & I Pizza House, a popular pizza joint offering fresh slices and delicious Italian dishes. And if you’re looking for outdoor adventure, South Have is surrounded by lakes where you can fish or take a boat tour. There are plenty of parks around town where you can stroll or picnic with friends and family. With its friendly atmosphere and stunning scenery, South Haven is an ideal place to live for those seeking a peaceful escape from city life.

South Haven has an unemployment rate of 4.5%. The US average is 6.0%.

South Haven has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for South Haven
- The Sales Tax Rate for South Haven is 7.4%. The US average is 7.3%.
- The Income Tax Rate for South Haven 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 South Haven
- The average income of a South Haven resident is $29,310 a year. The US average is $37,638 a year.
- The Median household income of a South Haven resident is $80,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Haven, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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