Maple Grove, MN is a vibrant city situated in the northwest of Minnesota. It has a thriving business environment with many local companies such as Target Corporation and 3M Co operating in the area. The city is also home to many parks and green spaces offering recreational activities for its residents. In terms of housing, 2 bedroom rent in Maple Grove is slightly higher than the US average at $1,880 versus $1,430 respectively. Furthermore, grocery costs are higher in Maple Grove as evidenced by an index score of 103 versus 100 for the US. All these factors contribute to making Maple Grove an attractive place to live and work.
Maple Grove has an unemployment rate of 3.3%. The US average is 6.0%.
Maple Grove 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 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Maple Grove
- The Sales Tax Rate for Maple Grove is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Maple Grove 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 Maple Grove
- The average income of a Maple Grove resident is $43,833 a year. The US average is $28,555 a year.
- The Median household income of a Maple Grove resident is $118,479 a year. The US average is $69,021 a year.