Villard township (Todd County), MN Economy


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United States / Minnesota / No Metro Area / Todd County / Villard township (Todd County) / Zip Codes
Villard township, MN is a great place to live if you're looking for affordability without sacrificing quality. The two bedroom rent in this township is $840, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index here is 95 compared to 100 in the US. This means that shopping for groceries in Villard Township can provide significant savings as well.
The area has a diverse economy with many local companies such as Adkins Forestry & Logging Inc., Bromero Trucking Co., and All County Rentals LLC. These companies offer employment opportunities for locals and serve to bolster the regional economy.

Villard township (Todd County) has an unemployment rate of 5.4%. The US average is 6.0%.

Villard township (Todd 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 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Villard township (Todd County)
- The Sales Tax Rate for Villard township (Todd County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Villard township (Todd 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 Villard township (Todd County)
- The average income of a Villard township (Todd County) resident is $32,283 a year. The US average is $37,638 a year.
- The Median household income of a Villard township (Todd County) resident is $68,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVillard township (Todd County), MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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