Sandnes, MN Economy


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Sandnes, MN is a small city located in the Midwest of the United States. This city is home to around 3,000 people and is known for its rural charm and friendly atmosphere. The cost of living in Sandnes is very affordable with two-bedroom rental prices at $840 per month compared to the national average of $1,430 per month. Additionally, grocery costs are much lower than the national average with an index of 95 versus 100 in the US. The city offers plenty of potential employment opportunities for residents as some of the largest employers include NSP Health System, St. Gabriel's Hospital & Health Center, and Little Falls Community Schools. In addition to these large companies, there are also many locally owned businesses that provide services such as auto repair shops and restaurants that make up the backbone of this community.

Sandnes has an unemployment rate of 4.4%. The US average is 6.0%.

Sandnes has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.

Tax Rates for Sandnes
- The Sales Tax Rate for Sandnes is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sandnes 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 Sandnes
- The average income of a Sandnes resident is $45,633 a year. The US average is $28,555 a year.
- The Median household income of a Sandnes resident is $92,031 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandnes, MinnesotaUnited States
  4.46
  -1.6%-6.2%
  14.9%33.5%
  6.9%6.2%
  7.1%4.6%
  $32,999$37,638
  $92,031$69,021
  $91,406$85,028
  Population by Occupation
  15.9%1.2%
  0.0%0.5%
  6.2%6.8%
  3.4%10.0%
  2.8%2.5%
  12.4%11.0%
  15.2%4.8%
  0.0%0.8%
  1.4%1.9%
  6.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.4%4.2%
  11.0%9.3%
  8.3%14.0%
  0.0%2.1%
  4.8%7.0%
  6.9%4.8%
  1.4%4.7%
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