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Thief River Falls, MN Economy


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Thief River Falls, MN is a small city with a population around 8,400 people. It has a low cost of living compared to other parts of Minnesota and across the nation. The average two bedroom rent in Thief River Falls is $950 which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Thief River Falls is 96 compared to 100 nationally. As for local businesses, Thief River Falls has several options for shopping including Walmart Supercenter, Northland Auto & Truck Store, Fosston lumber Company, and Rural Computer Services Incorporated. There are also many dining options such as Pizza Ranch and La Isla Mexican Restaurant. Overall, Thief River Falls offers residents good restaurants and shopping at an affordable price point.

Thief River Falls has an unemployment rate of 5.7%. The US average is 6.0%.

Thief River Falls has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Thief River Falls
- The Sales Tax Rate for Thief River Falls is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Thief River Falls 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 Thief River Falls
- The average income of a Thief River Falls resident is $32,570 a year. The US average is $37,638 a year.
- The Median household income of a Thief River Falls resident is $55,998 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThief River Falls, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
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    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 Thief River Falls
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I grew up here and came back for 10 years as an adult. There are jobs to be had with decent wages, but few large employers. This works out fine if you like what you're  More

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Thief River is a nice town, relatively untouched by the economic downturn plaguing the rest of the country. You can still find a pretty nice home here for around $100K  More

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