Le Center, MN Economy


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Le Center, MN is a small city located in Minnesota's Le Sueur County. With a population of 2,118, Le Center offers residents access to affordable rental options and grocery costs. The average rent price for a two-bedroom apartment is $950 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index in Le Center is 97 compared to 100 in the US which makes it more affordable for residents compared to many other cities in the US. Local companies such as Le Sueur County Bank and Scepaniak Insurance Agency are among some of the most popular businesses that have been serving the area for years. All these factors make Le Center an attractive option when it comes to affordability and quality of life.

Le Center has an unemployment rate of 6.8%. The US average is 6.0%.

Le Center has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Le Center
- The Sales Tax Rate for Le Center is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Le Center 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 Le Center
- The average income of a Le Center resident is $22,225 a year. The US average is $28,555 a year.
- The Median household income of a Le Center resident is $60,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLe Center, MinnesotaUnited States
  6.86
  -3.4%-6.2%
  31.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $28,257$37,638
  $60,833$69,021
  $74,325$85,028
  Population by Occupation
  4.3%1.2%
  0.2%0.5%
  16.0%6.8%
  21.9%10.0%
  6.1%2.5%
  7.4%11.0%
  3.8%4.8%
  0.0%0.8%
  0.5%1.9%
  1.8%4.7%
  0.2%1.9%
  0.9%7.6%
  0.0%0.1%
  3.2%4.2%
  7.8%9.3%
  12.7%14.0%
  1.5%2.1%
  2.1%7.0%
  4.5%4.8%
  5.0%4.7%
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