Vesta Township, MN is a lovely small town with a population of just over 1,000 people. It is located in the heart of Minnesota's beautiful countryside. Rent for a 2-bedroom unit is much lower than the US average at only $840 per month. Also, groceries are more affordable here as well with an index score of 95 compared to 100 in the US.
The town has many local companies and businesses that make up the local economy including Zog's Hardware Store, Anderson Lawn Care and Home Services, and Tom's Tavern—a popular family restaurant serving tasty burgers and fries.
Additionally, Vesta Township offers plenty of outdoor activities, such as hiking trails at nearby Wood Lake Park and fishing trips on Pine River Reservoir. History buffs can explore the restored buildings at the historic old mining town of Wildwood or take a self-guided tour through the Pioneer Village Museum. No matter what you're looking for in an ideal small town getaway experience, Vesta Township has something for everyone!
Vesta township has an unemployment rate of 5.5%. The US average is 6.0%.
Vesta township has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Vesta township
- The Sales Tax Rate for Vesta township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Vesta 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 Vesta township
- The average income of a Vesta township resident is $32,739 a year. The US average is $28,555 a year.
- The Median household income of a Vesta township resident is $91,250 a year. The US average is $69,021 a year.