Total Population
26,245
Population
Growth Rate
0.39%
Median Age
42
Diversity Index
39.500
Known as the place “where the forests meet the prairie,” Todd County has a rich agricultural heritage and abundant recreational opportunities side by side. Small-town values and an easy pace of life characterize Todd County. Our agricultural and value-add industries serve as a strong backbone to a growing mix of other sectors.
Total Population
26,245
Population
Growth Rate
0.39%
Median Age
42
Diversity Index
39.500
Households
10,308
Total Housing Units
13,407
Owner Occupied
8,272
Renter Occupied
2,036
Vacant
3,099
Median Home Value
$259,947
Average Home Value
$296,022
Income
Growth Rate
Median
Household Income
0.00%
Per Capita Income
2.13%
Median Household
$68,416 $75,944
Average Household
$86,634 $96,197
Per Capita
$34,174 $37,977
Total Businesses
917
Total Employed
7,208
Workers 16+
11,305
2026 HealthCare / Social Assistance
Businesses
82
Employed
1,310
2026 Public Administration
Businesses
71
Employed
1,145
2026 Manufacturing Businesses
Businesses
38
Employed
982
2026 Retail Trade Businesses
Businesses
107
Employed
656
2026 Other Service excl Pub Admin
Businesses
168
Employed
566
2026 Educational Services - Businesses
Businesses
23
Employed
499
Some
High School
872
Graduated
High School
6,887
Associates
Degree
2,624
Bachelor's
Degree
2,127
Graduate
Degree
857
Average Commute Time
26 min.
Resident Commuters
6,439
Non-Resident Commuters
4,788
Drive Alone
8,095
Carpooled
988
Public
152
Work At Home
1,487
Minnesota has two important taxes that apply to business entities:
In addition to the latter taxes, if income from your business passes through to you personally, that income will be subject to taxation on your personal state tax return.
Minnesota’s corporation franchise tax, which is a tax on the income of traditional corporations, is comprised of a flat 9.8% tax plus an additional, alternative minimum tax (AMT). In general terms, the AMT is based largely on the federal AMT rules, and is a 5.8% tax on Minnesota alternative minimum taxable income in excess of $40,000.
Minnesota’s “minimum fee” tax applies to traditional corporations, S corporations, LLCs, and partnerships. The minimum fee is based on the combined value of a business’s property, payroll, and sales. If these three values together total at least $500,000, the business is required to pay the minimum fee. The exact amount of the minimum fee will vary depending on the total value of property, payroll, and sales, as follows:
total value less than $500,000 = $0 minimum fee
total value $500,000 to $999,999 = $100 minimum fee
total value $1,000,000 to $4,999,999 = $300 minimum fee
total value $5,000,000 to $9,999,999 = $1,000 minimum fee
total value $10,000,000 to $19,999,999 = $2,000 minimum fee
total value $20,000,000 or more = $5,000 minimum fee
For corporations, returns are due on the 15th day of the third month after the end of the tax year. For other forms of business, returns are due on the 15th day of the fourth month after the end of the tax year.
For purposes of comparison, note that Minnesota generally taxes personal income at rates ranging from of 5.35% to 7.85%.
Source: NOLO.com
To find the latest information on available sites and buildings in this county please visit the Minnesota Prospector website»