St. James, MN Economy


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United States / Minnesota / No Metro Area / Watonwan County / St. James / Zip Codes
St. James, MN is a small town located in the southern part of Minnesota. It has a population of approximately 3,000 people and offers affordable living expenses including rent for two bedroom apartments which averages $830 per month, compared to the US average of $1,430 per month. According to the Grocery Cost Index St. James is also known for its affordability with an index of 95 versus 100 in the US. The town is home to many local businesses such as Mark's Auto Hub, The Sports Den, and Thunderbird Pizzeria. There are also many recreational activities such as golf courses, ski resort and a lake offering plenty of outdoor activities like fishing or swimming during summer time. St. James is a great spot for those looking for some peace and quiet while still having access to essential amenities at an affordable price point.

St. James has an unemployment rate of 4.5%. The US average is 6.0%.

St. James has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for St. James
- The Sales Tax Rate for St. James is 6.9%. The US average is 7.3%.
- The Income Tax Rate for St. James 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 St. James
- The average income of a St. James resident is $21,453 a year. The US average is $28,555 a year.
- The Median household income of a St. James resident is $43,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. James, MinnesotaUnited States
  4.56
  1.8%-6.2%
  30.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $27,413$37,638
  $43,833$69,021
  $71,579$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  11.5%6.8%
  20.4%10.0%
  1.8%2.5%
  12.2%11.0%
  1.2%4.8%
  3.6%0.8%
  0.3%1.9%
  0.5%4.7%
  0.0%1.9%
  3.4%7.6%
  0.0%0.1%
  2.6%4.2%
  11.5%9.3%
  11.9%14.0%
  0.0%2.1%
  4.1%7.0%
  3.7%4.8%
  5.4%4.7%
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