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Sandstone township, MN Economy


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Sandstone Township, MN is a small community located in the Midwest region of the United States. It offers a peaceful lifestyle with access to local amenities and services. The cost of living is quite affordable compared to many other places in the country; 2 bedroom rent in Sandstone township is only $990 as compared to $1,430 for the US average. In addition, grocery cost index in Sandstone township is 96 versus 100 for the US average. This allows residents of Sandstone township to enjoy quality goods and services without having to break the bank.
There are several local companies that provide various products and services to the people of Sandstone Township. These include Grocery World Superstore, Quality Carpeting & Flooring Solutions, High Country Home Repair Services and Smith's Electronics. All these businesses offer competitive pricing options allowing locals access to quality merchandise at affordable prices.

Sandstone township has an unemployment rate of 7.7%. The US average is 6.0%.

Sandstone township has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Sandstone township
- The Sales Tax Rate for Sandstone township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sandstone township is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Sandstone township
- The average income of a Sandstone township resident is $28,843 a year. The US average is $37,638 a year.
- The Median household income of a Sandstone township resident is $67,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandstone township, 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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