Waltham township, MN Economy


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Waltham Township, MN is an affordable place to live with the average 2 Bedroom rent of $1,020. People living in Waltham Township are also taking advantage of the lower grocery costs as the Grocery Cost Index in the area is 95 compared to 100 in the US. Local companies and attractions include Grubhub for delivery services, Uberskyride for ridesharing, and popular tourist destinations like The Quarry Park & Nature Center. There are plenty of delicious local eateries such as Cafe Zupas, The Salty Tart Bakery, and The Old Market House Pub. With plenty of shopping options available at Mall of America or Rosedale Center, there is something for everyone in Waltham Township.

Waltham township has an unemployment rate of 4.2%. The US average is 6.0%.

Waltham township has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Waltham township
- The Sales Tax Rate for Waltham township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Waltham 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 Waltham township
- The average income of a Waltham township resident is $48,080 a year. The US average is $37,638 a year.
- The Median household income of a Waltham township resident is $91,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaltham township, 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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