Tanberg, MN Economy


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Tanberg, MN is a picturesque city in the Midwest with a small population. Home rental prices are very affordable in comparison to the national average and grocery costs are lower than the US index by 6 points. Tanberg is home to several companies including Smith Manufacturing, Taylor Electronics, and Hoffer Logistics. It also has plenty of recreational activities such as parks, outdoor trails, sporting events, and annual festivals. All this coupled with its affordable cost of living makes Tanberg a great place to call home.

Tanberg has an unemployment rate of 4.1%. The US average is 6.0%.

Tanberg has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Tanberg
- The Sales Tax Rate for Tanberg is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Tanberg 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 Tanberg
- The average income of a Tanberg resident is $22,212 a year. The US average is $28,555 a year.
- The Median household income of a Tanberg resident is $92,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTanberg, MinnesotaUnited States
  4.16
  -2.3%-6.2%
  20.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $37,919$37,638
  $92,500$69,021
  $82,500$85,028
  Population by Occupation
  12.5%1.2%
  0.0%0.5%
  9.4%6.8%
  0.0%10.0%
  12.5%2.5%
  46.9%11.0%
  0.0%4.8%
  6.3%0.8%
  0.0%1.9%
  6.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  3.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  3.1%4.7%
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