Woodland, MN Economy


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Woodland, MN is a small town located in Minnesota with a population of around 100 people. It is known for its affordable rent prices and quality local businesses. The 2 Bedroom Rent in Woodland, MN is $1,880 compared to the US average of $1,430. In addition to that, the Grocery Cost Index in Woodland, MN is 109 versus 100 in the US. Some of the most popular local companies include Woodland Hardware Store, Smith's Quality Meats and Biscuits Bakery.

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

Woodland has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Woodland
- The Sales Tax Rate for Woodland is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Woodland 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 Woodland
- The average income of a Woodland resident is $122,922 a year. The US average is $28,555 a year.
- The Median household income of a Woodland resident is $193,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodland, MinnesotaUnited States
  4.26
  -3.6%-6.2%
  36.9%33.5%
  7.5%6.2%
  7.1%4.6%
  $141,659$37,638
  $193,125$69,021
  $200,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.3%6.8%
  25.2%10.0%
  1.3%2.5%
  2.6%11.0%
  0.9%4.8%
  0.4%0.8%
  0.4%1.9%
  10.3%4.7%
  12.4%1.9%
  15.0%7.6%
  2.1%0.1%
  2.6%4.2%
  3.8%9.3%
  10.3%14.0%
  4.7%2.1%
  1.3%7.0%
  4.3%4.8%
  1.3%4.7%
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