Maple Lake, MN Economy


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Maple Lake, MN is a small town located in Wright County. It has a population of around 2,400 people and is known for its peaceful surroundings. It's an affordable place to live with two bedroom rent averaging around $1,240 compared to the average two bedroom rent in the US at $1,430. The grocery cost index in Maple Lake is also lower than the national average at 99 versus 100. Popular companies located within Maple Lake include Absolute Technologies Inc., Kuechle Underground Inc., and Maple Lake Lumber & Hardware.

Maple Lake has an unemployment rate of 4.5%. The US average is 6.0%.

Maple Lake has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Maple Lake
- The Sales Tax Rate for Maple Lake is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Maple Lake 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 Lake
- The average income of a Maple Lake resident is $31,466 a year. The US average is $37,638 a year.
- The Median household income of a Maple Lake resident is $69,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaple Lake, 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%
Reviews for Maple Lake
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Maple Lake is a modest community, classified as a rural small town. It is 35-40 miles from the Twin Cities 495 commuter highway system. It's tax base is small, but  More

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