Clay County · Minnesota · Midwest · 45k residents
Moorhead, MN: economy, jobs & business costs
The site-selection read on Moorhead: labor costs, talent, corporate tax, energy, and business activity, with the Minnesota median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,087/wk. Minnesota's corporate income tax rate is 9.8%. Commercial electricity averages 12.1¢/kWh.
Compare Moorhead side by side
Avg. weekly wage
$1,087/wk
Corporate income tax
9.8%
Bachelor's degree or higher
41.6%
Commercial electricity
12.1¢/kWh
Economic momentum
How fast Moorhead's economy is moving, ranked against the US cities we track.
20/100
Cooling
Ranks Moorhead's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $249,000 |
| Price per sq. ft. | $200 |
| Property tax rate | 1.05% |
| 1-bedroom rent | $729/mo |
| 2-bedroom rent | $1,043/mo |
| State & local income tax | 3.68% |
| Sales tax | 7.5% |
| Corporate income tax | 9.8% |
| Avg. weekly wage | $1,087/wk |
| Bachelor's degree or higher | 41.6% |
| Commercial electricity | 12.1¢/kWh |
| Businesses per 1k residents | 22.2/1k |
| Wage: Software developer | $105,980 |
| Wage: Registered nurse | $82,120 |
| Wage: General manager | $96,410 |
| Wage: Customer service | $40,900 |
| Wage: Warehouse worker | $36,880 |
| Wage: Heavy truck driver | $58,900 |
| Wage: Electrician | $76,950 |
| Wage: Retail salesperson | $35,860 |
| Cost of living index | 87 |
| Groceries index | 100 |
| Utilities | $165/mo |
| Transit pass | $85/mo |
| Gas price | $3.15/gal |
| Healthcare index | 102 |
| Childcare (per child) | $1,350/mo |
| Median household income | $72,761 |
| Unemployment rate | 2.9% |
| Population | 45k |
| Crime index | 40/100 |
| School rating | 7.0/10 |
| Walkability | 30/100 |
| Disaster risk | 74/100 |
| Avg. commute | 24 min |
| Sunny days / year | 195 days |
| July high | 82°F |
| January low | 0°F |
| Annual snowfall | 53 in |
| Home price YoY | +2.2% |
| Home price MoM | -0.2% |
| Rent YoY | +1.5% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | -0.7% |
| Building permits YoY | -38.8% |
| Ocean coast | 1184 mi |
| Big lake | 155 mi |
| Mountains | 292 mi |
| Major airport | 5 mi |
| Ski resort | 215 mi |
Popular comparisons
Nearby
- Bemidji, MN · 16k
- Willmar, MN · 21k
- Sartell, MN · 20k
- St. Cloud, MN · 71k
- Buffalo, MN · 16k
Similar size
- Mankato, MN · 45k
- Shakopee, MN · 46k
- Cottage Grove, MN · 41k
- Maplewood, MN · 41k
- St. Louis Park, MN · 50k
Real listings in Moorhead
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Moorhead a good place to run a business?
- Minnesota's corporate income tax rate is 9.8%; average weekly wages in the surrounding labor market run $1,087/wk; commercial electricity averages 12.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Moorhead, MN?
- Moorhead indexes at 87 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,043/mo and a acs median home value of $249,000.
- How much does a house cost in Moorhead?
- The acs median home value in Moorhead is $249,000 (Census ACS estimate; individual listings vary).
- How much is rent in Moorhead?
- A two-bedroom in Moorhead rents for about $1,043/mo.