Tara township (Swift Cnty), MN is a great place to live and work. The cost of living is relatively low, with 2 bedroom rent averaging at $940 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Tara township (Swift Cnty) is 94 versus 100 in the US. This means that locals get more bang for their buck when it comes to food items. There are a number of local companies operating in Tara township (Swift Cnty). These include Swift County Farm Supply, Richert Lumber & Hardware, and JKL Farm Equipment Inc., to name just a few.
Tara township (Swift County) has an unemployment rate of 5.6%. The US average is 6.0%.
Tara township (Swift County) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Tara township (Swift County)
- The Sales Tax Rate for Tara township (Swift County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Tara township (Swift County) 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 Tara township (Swift County)
- The average income of a Tara township (Swift County) resident is $28,002 a year. The US average is $28,555 a year.
- The Median household income of a Tara township (Swift County) resident is $109,688 a year. The US average is $69,021 a year.