Renville County, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Minnesota / No Metro Area / Renville County / Cities / Zip Codes
Renville, MN County is an ideal place to live due to its affordability. The average 2 bedroom rent in Renville, MN County is much lower than the national average at $830 compared to $1,430. Grocery costs are also more affordable with an index of 94 versus 100 in the US. In addition to being affordable, Renville, MN County has plenty of employment opportunities with prominent local companies such as Nastek engineering corporation providing their services across multiple industries and Northern Lights Home Care providing home care services for seniors. All these factors make Renville, MN County a great place to live and work.

Renville County has an unemployment rate of 5.9%. The US average is 6.0%.

Renville County has seen the job market increase by 6.7% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.

Tax Rates for Renville County
- The Sales Tax Rate for Renville County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Renville 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 Renville County
- The average income of a Renville County resident is $28,228 a year. The US average is $28,555 a year.
- The Median household income of a Renville County resident is $61,233 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRenville, MinnesotaUnited States
  5.96
  -1.4%-6.2%
  46.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $31,831$37,638
  $61,233$69,021
  $75,786$85,028
  Population by Occupation
  12.5%1.2%
  0.0%0.5%
  7.3%6.8%
  16.3%10.0%
  3.5%2.5%
  8.7%11.0%
  5.0%4.8%
  1.0%0.8%
  0.8%1.9%
  2.8%4.7%
  0.4%1.9%
  2.8%7.6%
  0.0%0.1%
  1.2%4.2%
  7.1%9.3%
  16.6%14.0%
  1.5%2.1%
  4.0%7.0%
  4.4%4.8%
  3.9%4.7%
Health