Skane, MN Economy


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United States / Minnesota / No Metro Area / Kittson County / Skane / Zip Codes
Skane, MN is a great place to live. It has affordable rent compared to the US average and lower grocery costs too. The town is also home to some great local businesses. One of my favorite businesses in Skane is Hillside Brewery. They make amazing craft beer with unique flavors, perfect for enjoying on a sunny day in Skane. Another great business in Skane is Driftwood Grocery. This store offers high quality fresh produce, meats, and other goods that you can't find anywhere else. Overall, I love living in Skane because it's affordable, has great local shops and breweries, and there's always something new to explore right around the corner.

Skane has an unemployment rate of 4.0%. The US average is 6.0%.

Skane has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Skane
- The Sales Tax Rate for Skane is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Skane 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 Skane
- The average income of a Skane resident is $28,887 a year. The US average is $28,555 a year.
- The Median household income of a Skane resident is $98,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySkane, MinnesotaUnited States
  46
  0.7%-6.2%
  18.6%33.5%
  6.9%6.2%
  7.1%4.6%
  $22,351$37,638
  $98,125$69,021
  $98,125$85,028
  Population by Occupation
  77.5%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  10.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  2.5%9.3%
  7.5%14.0%
  0.0%2.1%
  0.0%7.0%
  2.5%4.8%
  0.0%4.7%
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