St. Louis County, MN Economy


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United States / Minnesota / / St. Louis County / Cities / Zip Codes
St. Louis, MN County is a vibrant and exciting place to live. With a significantly lower 2 bedroom rent than the national average, it is an affordable option for many. This county also has a lower grocery cost index than the national average, which means groceries are more reasonably priced here. The area is home to many great companies and organizations, such as 3M Company and Xcel Energy Inc., as well as several local attractions like the Minnesota Children's Museum and Mall of America. St. Louis is an ideal place to live for those seeking affordability and convenience in their living situation.

St. Louis County has an unemployment rate of 4.8%. The US average is 6.0%.

St. Louis County 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 29.9%, which is lower than the US average of 33.5%.

Tax Rates for St. Louis County
- The Sales Tax Rate for St. Louis County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for St. Louis County 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. Louis County
- The average income of a St. Louis County resident is $26,510 a year. The US average is $28,555 a year.
- The Median household income of a St. Louis County resident is $61,213 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Louis, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $34,816$37,638
  $61,213$69,021
  $82,696$85,028
  Population by Occupation
  1.0%1.2%
  2.2%0.5%
  7.0%6.8%
  7.2%10.0%
  2.2%2.5%
  11.7%11.0%
  4.0%4.8%
  1.4%0.8%
  1.2%1.9%
  4.1%4.7%
  1.5%1.9%
  4.3%7.6%
  0.1%0.1%
  2.8%4.2%
  10.0%9.3%
  19.5%14.0%
  2.7%2.1%
  7.7%7.0%
  4.6%4.8%
  4.8%4.7%
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