Tordenskjold, MN Economy


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Tordenskjold, MN is a great city to live in for those who are looking for an affordable place to call home. The 2 bedroom rent is only $850, compared to the national average of $1,430. Additionally, the grocery cost index in Tordenskjold is the same as the US average. You can find a variety of local stores such as Big Grocery Mart, Smith's Deli, and Walmart Supercenter that offer competitive pricing on products and services. Plus there are several small businesses that offer unique items like handmade crafts from local artisans or fresh produce from local farms. All these make it easy and affordable for you to live comfortably in Tordenskjold without breaking the bank.

Tordenskjold has an unemployment rate of 5.3%. The US average is 6.0%.

Tordenskjold has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Tordenskjold
- The Sales Tax Rate for Tordenskjold is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Tordenskjold 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 Tordenskjold
- The average income of a Tordenskjold resident is $43,538 a year. The US average is $37,638 a year.
- The Median household income of a Tordenskjold resident is $80,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTordenskjold, MinnesotaUnited States
  Population by Occupation
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