Duluth, MN Economy


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Duluth, MN is a vibrant and diverse city located along the shores of Lake Superior. It is home to many local businesses such as The Duluth Trading Company, Cirrus Aircraft, and Lake Superior Brewing Co. Popular attractions in Duluth include Canal Park which offers a variety of boutiques and restaurants as well as access to the Aerial Lift Bridge, Glensheen Mansion which is an historic estate on the shore of Lake Superior with beautiful gardens and trails to explore, and Spirit Mountain which offers outdoor recreation such as skiing and snowboarding. Duluth also boasts a lower cost of living than the national average; two bedroom rent averages at $1,220 per month compared to the US average of $1,430 per month and the Grocery Cost Index in Duluth is 97 versus 100 in the US.

Duluth has an unemployment rate of 3.9%. The US average is 6.0%.

Duluth has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Duluth
- The Sales Tax Rate for Duluth is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Duluth is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Duluth
- The average income of a Duluth resident is $25,715 a year. The US average is $28,555 a year.
- The Median household income of a Duluth resident is $58,014 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDuluth, MinnesotaUnited States
  3.96
  -4.0%-6.2%
  32.0%33.5%
  8.4%6.2%
  7.1%4.6%
  $33,983$37,638
  $58,014$69,021
  $84,224$85,028
  Population by Occupation
  0.8%1.2%
  0.1%0.5%
  4.6%6.8%
  6.5%10.0%
  1.7%2.5%
  12.3%11.0%
  3.5%4.8%
  1.2%0.8%
  1.8%1.9%
  4.0%4.7%
  1.6%1.9%
  5.1%7.6%
  0.1%0.1%
  2.9%4.2%
  11.6%9.3%
  21.4%14.0%
  2.3%2.1%
  9.5%7.0%
  4.7%4.8%
  4.2%4.7%
Reviews for Duluth
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My husband and I just visited Duluth for our anniversary. We stayed in Canal Park and found the area fun and convenient for travelers. Lots of quaint shops and  More

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Over 3 years ago

It is the worse weather in the U.S. as far as small cities that large. The houses are fare below par. they are old shingle 1920s vintage generally and not normally well  More

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I moved to Duluth fifteen years ago today from Arizona with my (at that time) 3 children, who were 1, 4 and 8. My daughter was born here 2 years later. I have never once  More

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