Polk County, MN Economy


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United States / Minnesota / / Polk County / Cities / Zip Codes
Polk, MN County is a great place to live and work with plenty of local businesses. It has an affordable cost of living compared to the US average, with 2 bedroom rent costing $890 versus $1,430 nationally. Grocery costs are also lower in Polk, MN County at 96 on the index versus 100 for the US. Local companies include Hometown Small Business Solutions, River Edge Meat Market, and North Country Accounting & Tax Service. With lower rent prices and grocery costs than the national average, Polk, MN County is an economical place to call home.

Polk County has an unemployment rate of 4.9%. The US average is 6.0%.

Polk County has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Polk County
- The Sales Tax Rate for Polk County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Polk 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 Polk County
- The average income of a Polk County resident is $31,173 a year. The US average is $37,638 a year.
- The Median household income of a Polk County resident is $61,643 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPolk, 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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