Jo Daviess, MN Economy


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United States / Minnesota / No Metro Area / Faribault County / Jo Daviess / Zip Codes
Jo Daviess, MN is a small rural town located in the North East of Minnesota. Though small, Jo Daviess has plenty to offer its residents – from local businesses such as community banks, grocers, restaurants, cafes and more. The cost of living in Jo Daviess is relatively low compared to other parts of the country with a 2-bedroom rent costing only $830 per month and a grocery cost index of 94 versus 100 in the US. For those looking for an affordable yet comfortable place to live, Jo Daviess may be the perfect fit.

Jo Daviess has an unemployment rate of 5.2%. The US average is 6.0%.

Jo Daviess has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Jo Daviess
- The Sales Tax Rate for Jo Daviess is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Jo Daviess 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 Jo Daviess
- The average income of a Jo Daviess resident is $32,663 a year. The US average is $28,555 a year.
- The Median household income of a Jo Daviess resident is $82,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJo Daviess, MinnesotaUnited States
  5.26
  -1.2%-6.2%
  21.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $29,692$37,638
  $82,500$69,021
  $90,536$85,028
  Population by Occupation
  8.3%1.2%
  0.0%0.5%
  7.6%6.8%
  9.7%10.0%
  6.9%2.5%
  11.1%11.0%
  6.3%4.8%
  0.7%0.8%
  3.5%1.9%
  6.3%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  1.4%4.2%
  9.7%9.3%
  11.8%14.0%
  0.7%2.1%
  2.8%7.0%
  9.7%4.8%
  2.1%4.7%
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