Skip to main content.

Todd County

We are Here to Help You Grow.

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. 

Todd County, MN

Population

Total Population

26,192

Population
Growth Rate

0.45%

Median Age

44

Diversity Index

24.400

Housing & Income

Households

10,278

Total Housing Units

13,674


Owner Occupied

8,549

Renter Occupied

1,729

Vacant

3,396

Median Home Value

$192,137


Average Home Value

$232,831

Income
Growth Rate

Median
Household Income

0.46%


Per Capita Income

1.74%

Income Projection

Median Household

$54,623 $57,782


Average Household

$68,469 $74,599


Per Capita

$26,883 $29,302

Workforce

Total Businesses

861

Total Employed

7,045

Workers 16+

10,889

2021 HealthCare/Social Assist

cp-industries

Businesses

77

Employed

2,044

2021 Manufacturing Businesses

cp-industries

Businesses

32

Employed

861

2021 Retail Trade Businesses

cp-industries

Businesses

116

Employed

635

2021 Educational Services - Businesses

cp-industries

Businesses

19

Employed

573

2021 Accommodation/Food Service

cp-industries

Businesses

58

Employed

505

2021 Other Service excl Pub Admin

cp-industries

Businesses

158

Employed

470

Some
High School

1,207

Graduated
High School

6,212

Associates
Degree

2,471

Bachelor's
Degree

2,205

Graduate
Degree

820

Average Commute Time

24 min.



Resident Commuters

5,687

Non-Resident Commuters

5,108

Drive Alone

8,442

Carpooled

1,056

Public

39

Work At Home

818

Government and Taxation

MN Revenue website

Minnesota has two important taxes that apply to business entities:

  • a corporation income tax, called the “corporation franchise tax,” that applies to traditional (C-type) corporations; and
  • a tax called simply the “minimum fee” that applies to traditional corporations, S corporations, LLCs, and partnerships.

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

Available Real Estate

To find the latest information on available sites and buildings in this county please visit the Minnesota Prospector website»

Transportation


Fast Fact Image

Todd County was created on February 20, 1885 (Organized in 1873) from Cass County.  The county was named in honor of John Blair Smith Todd, commander of Fort Ripley (1849-56); general in the Civil War; delegate in Congress from Dakota Territory, 1861 and 1863-65; governor of Dakota Territory, 1869-71.