Spring Hill township, MN is a desirable place to live due to its affordability and convenience. With the average two bedroom rent at only $950, it is much lower than the national average of $1,430. Additionally, the grocery cost index in Spring Hill township is 96, providing residents with food options cheaper than the US average of 100. The town also boasts many local companies that bring employment opportunities for residents. Some of these are including Big Lake Power Sports, Northstar Boats Inc., and Schott's SuperValu. All in all, Spring Hill township provides an affordable and convenient lifestyle for any potential resident who may be looking for a home.
Spring Hill township has an unemployment rate of 4.7%. The US average is 6.0%.
Spring Hill 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 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Spring Hill township
- The Sales Tax Rate for Spring Hill township is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Spring Hill 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 Spring Hill township
- The average income of a Spring Hill township resident is $32,475 a year. The US average is $28,555 a year.
- The Median household income of a Spring Hill township resident is $78,125 a year. The US average is $69,021 a year.