Pine Lake township (Otter Tail Cnty), MN is a small community located in Northwestern Minnesota. It is known for its scenic lakes and outdoor activities like fishing, boating, and biking. There are several local businesses in the area that contribute to the economy, such as Pine Grocery Store, Pine Lake Pharmacy, and Pine Lake Bar & Grill. Cost of living in Pine Lake township (Otter Tail Cnty), MN is relatively low compared to the US average with 2 bedroom rent costing $880 per month and Grocery Cost Index being 98 versus 100 in the US. The city offers many recreational opportunities as well as a peaceful atmosphere with plenty of natural beauty to enjoy.
Pine Lake township (Otter Tail County) has an unemployment rate of 5.3%. The US average is 6.0%.
Pine Lake township (Otter Tail County) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Pine Lake township (Otter Tail County)
- The Sales Tax Rate for Pine Lake township (Otter Tail County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Pine Lake township (Otter Tail County) is 7.1%. The US average is 4.6%.
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Income and Salaries for Pine Lake township (Otter Tail County)
- The average income of a Pine Lake township (Otter Tail County) resident is $38,287 a year. The US average is $37,638 a year.
- The Median household income of a Pine Lake township (Otter Tail County) resident is $81,625 a year. The US average is $69,021 a year.