Ronneby, MN Economy


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Ronneby, MN is a small city located in the southeastern region of Minnesota. The city has a population of approximately 5,000 people. 2 Bedroom rent in the area is very affordable, costing $1,230 compared to $1,430 in the US on average. Additionally, groceries are slightly cheaper than the national average with a grocery cost index of 97 versus 100 nationwide. Ronneby is home to a variety of local businesses including Ronneby Auto Parts & Repair Center, Anderson Realty Group, and Jack's dry cleaning services. Furthermore, there are several parks and recreation centers in the area for visitors and residents alike to enjoy their free time outdoors.

Ronneby has an unemployment rate of 6.1%. The US average is 6.0%.

Ronneby 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 33.5%, which is higher than the US average of 33.5%.

Tax Rates for Ronneby
- The Sales Tax Rate for Ronneby is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Ronneby 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 Ronneby
- The average income of a Ronneby resident is $22,246 a year. The US average is $28,555 a year.
- The Median household income of a Ronneby resident is $116,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRonneby, MinnesotaUnited States
  6.16
  -2.4%-6.2%
  33.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $35,724$37,638
  $116,250$69,021
  $113,750$85,028
  Population by Occupation
  7.1%1.2%
  0.0%0.5%
  0.0%6.8%
  17.9%10.0%
  3.6%2.5%
  32.1%11.0%
  0.0%4.8%
  0.0%0.8%
  7.1%1.9%
  0.0%4.7%
  0.0%1.9%
  10.7%7.6%
  0.0%0.1%
  0.0%4.2%
  7.1%9.3%
  10.7%14.0%
  0.0%2.1%
  0.0%7.0%
  3.6%4.8%
  0.0%4.7%
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