Sparta, MN is a small town with a population of about 9,400 people. It is an affordable place to live as the average two-bedroom rent in Sparta is $810, significantly lower than the national average of $1,430. Groceries are also cheaper here as the Grocery Cost Index in Sparta is 92 compared to 100 in the US. Local companies and businesses include JJ’s Diner & Grill, Sparta Manufacturing Company and NAPA Auto Parts.
Sparta has an unemployment rate of 4.4%. The US average is 6.0%.
Sparta has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Sparta
- The Sales Tax Rate for Sparta is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sparta 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 Sparta
- The average income of a Sparta resident is $28,909 a year. The US average is $28,555 a year.
- The Median household income of a Sparta resident is $88,947 a year. The US average is $69,021 a year.