Trelipe, MN Economy


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Trelipe, MN is an attractive destination for those looking for a cost-effective place to live. The two bedroom rent of $890 is significantly lower than the US average of $1,430, making it a great option for budget-minded individuals. Additionally, the Grocery Cost Index of 97 versus 100 in the US further adds to Trelipe's appeal as a cost-efficient location.
Trelipe, MN has several local businesses such as Trelli Automotive Solutions and The Green Bean Café that contribute to its vibrant economy. Notable landmarks in the area include Trelipe Stadium and Lake Timberland Park. These amenities provide locals with recreational activities that they can enjoy while still saving money overall on their expenses. All in all, Trelipe offers its residents a great quality of life at an affordable price point.

Trelipe has an unemployment rate of 8.4%. The US average is 6.0%.

Trelipe has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.

Tax Rates for Trelipe
- The Sales Tax Rate for Trelipe is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Trelipe 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 Trelipe
- The average income of a Trelipe resident is $37,053 a year. The US average is $37,638 a year.
- The Median household income of a Trelipe resident is $63,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrelipe, MinnesotaUnited States
  8.46
  -5.2%-6.2%
  51.3%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,053$37,638
  $63,750$69,021
  $79,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.2%6.8%
  5.3%10.0%
  0.0%2.5%
  23.7%11.0%
  2.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  10.5%1.9%
  0.0%7.6%
  0.0%0.1%
  7.9%4.2%
  10.5%9.3%
  15.8%14.0%
  5.3%2.1%
  2.6%7.0%
  2.6%4.8%
  0.0%4.7%
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