Jamestown, MN Economy


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Jamestown, MN is a great city for people looking to settle down and raise their family. With low rent prices of just $970 for two bedrooms and an even lower grocery cost index of 102 versus the national average of 100, this city offers a more affordable lifestyle than many other areas in the United States. Companies in Jamestown include Hy-Vee, Home Federal Savings Bank, Leingang Home Center, Bioscience Solutions & Development LLC, and North Dakota State College of Science. With plenty of local businesses to choose from and an affordable living situation, Jamestown is sure to be your perfect new home.

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

Jamestown has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.

Tax Rates for Jamestown
- The Sales Tax Rate for Jamestown is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Jamestown 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 Jamestown
- The average income of a Jamestown resident is $40,775 a year. The US average is $28,555 a year.
- The Median household income of a Jamestown resident is $103,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJamestown, MinnesotaUnited States
  3.96
  -3.4%-6.2%
  37.2%33.5%
  7.4%6.2%
  7.1%4.6%
  $50,315$37,638
  $103,750$69,021
  $113,681$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  3.0%6.8%
  10.1%10.0%
  4.1%2.5%
  5.6%11.0%
  2.8%4.8%
  0.0%0.8%
  2.5%1.9%
  6.3%4.7%
  2.0%1.9%
  2.5%7.6%
  0.0%0.1%
  0.0%4.2%
  19.2%9.3%
  15.2%14.0%
  3.8%2.1%
  9.4%7.0%
  3.0%4.8%
  5.6%4.7%
Health
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