Sciota, MN Economy


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Sciota, MN is a small town located in the Midwest. It is known for its friendly people and great opportunities to explore nature and outdoor activities. The 2 bedroom rent in Sciota is quite competitive compared to other US cities at $1,260 which is nearly $170 cheaper than the US average of $1,430. Additionally, the grocery cost index in Sciota is 102 versus 100 in the US indicating food costs are slightly higher on average than the national average. Some popular local companies include Valley Lumber Co., Sciota Creamery, Inc., and Schlottman Farms LLC. Overall, Sciota has an affordable cost of living making it an attractive option for those looking to settle down or start a business.

Sciota has an unemployment rate of 4.1%. The US average is 6.0%.

Sciota 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 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Sciota
- The Sales Tax Rate for Sciota is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Sciota 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 Sciota
- The average income of a Sciota resident is $35,201 a year. The US average is $28,555 a year.
- The Median household income of a Sciota resident is $103,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySciota, MinnesotaUnited States
  4.16
  -3.7%-6.2%
  36.7%33.5%
  7.1%6.2%
  7.1%4.6%
  $44,874$37,638
  $103,750$69,021
  $105,536$85,028
  Population by Occupation
  11.9%1.2%
  0.0%0.5%
  6.7%6.8%
  9.0%10.0%
  10.1%2.5%
  4.5%11.0%
  3.4%4.8%
  0.7%0.8%
  0.7%1.9%
  4.9%4.7%
  0.0%1.9%
  5.2%7.6%
  0.0%0.1%
  3.4%4.2%
  6.3%9.3%
  7.8%14.0%
  2.2%2.1%
  2.2%7.0%
  13.8%4.8%
  7.1%4.7%
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