Spring Grove Township, MN is an attractive community for those wanting to live in a smaller town atmosphere. With a population of just under 2,000 residents, the area provides locals with a peaceful and scenic setting, while still being close to larger metropolitan areas. Rent in Spring Grove Township tends to be significantly lower than the national average - the median two bedroom rent is $900 compared to $1,430 nationally. Similarly, groceries in Spring Grove Township are cheaper than across the US - with an index of 94 versus 100 across the country. The township boasts several locally owned businesses including JF Construction Services LLC and River Valley Meats LLC. These companies add to the unique character of this small town and offer residents local employment opportunities. All in all, Spring Grove Township provides a safe and cost-efficient living environment that appeals to many people looking for a quiet place to call home.
Spring Grove township has an unemployment rate of 4.4%. The US average is 6.0%.
Spring Grove township has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Spring Grove township
- The Sales Tax Rate for Spring Grove township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Spring Grove 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 Grove township
- The average income of a Spring Grove township resident is $30,652 a year. The US average is $37,638 a year.
- The Median household income of a Spring Grove township resident is $48,000 a year. The US average is $69,021 a year.