Le Roy, MN Economy


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Le Roy, MN is a charming small town situated in the heart of Minnesota. It is home to many local businesses such as Volkmann's Bakery, Ray-Dor Farms, Grocery Mart and more. The cost of renting a two bedroom apartment is quite affordable at $970 compared to the national average of $1,430. Moreover, Grocery Cost Index in Le Roy is 93 which is 7 points less than what it costs nationally. Residents also enjoy access to a variety of outdoor activities including fishing, skiing and camping which make it an ideal place for nature lovers. Le Roy has something for everyone!

Le Roy has an unemployment rate of 4.2%. The US average is 6.0%.

Le Roy has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Le Roy
- The Sales Tax Rate for Le Roy is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Le Roy 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 Roy
- The average income of a Le Roy resident is $26,082 a year. The US average is $28,555 a year.
- The Median household income of a Le Roy resident is $47,557 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLe Roy, MinnesotaUnited States
  4.26
  0.5%-6.2%
  29.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $24,181$37,638
  $47,557$69,021
  $66,875$85,028
  Population by Occupation
  4.0%1.2%
  0.0%0.5%
  2.7%6.8%
  9.9%10.0%
  6.9%2.5%
  15.5%11.0%
  4.8%4.8%
  0.0%0.8%
  1.3%1.9%
  2.7%4.7%
  6.9%1.9%
  0.8%7.6%
  0.0%0.1%
  2.9%4.2%
  6.4%9.3%
  27.5%14.0%
  0.0%2.1%
  3.2%7.0%
  2.7%4.8%
  1.9%4.7%
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