Todd, MN is a small city located in Minnesota. It is known for its beautiful scenery and close-knit community. The cost of living in Todd is significantly lower than the US average. For example, the 2 bedroom rent in Todd is $910 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Todd is also 98 compared to the US average of 100. This allows residents to save on housing and meals costs while still enjoying a high quality of life.
There are many companies located in Todd that offer local employment opportunities for its residents. These include Target Corporation, Cargill, Inc., 3M Company, UnitedHealth Group Incorporated and Best Buy Co., Inc. All these businesses contribute to the economy of Todd and make it a great place to live and work. Furthermore, other cost of living factors such as taxes are nearly equal in comparision with other areas across the state. Overall, Todd makes an excellent place for anyone looking for a low-cost-of-living area with plenty of job opportunities and great amenities nearby.
Todd has an unemployment rate of 6.1%. The US average is 6.0%.
Todd has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.
Tax Rates for Todd
- The Sales Tax Rate for Todd is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Todd 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 Todd
- The average income of a Todd resident is $31,602 a year. The US average is $37,638 a year.
- The Median household income of a Todd resident is $63,793 a year. The US average is $69,021 a year.