Split Rock, MN is a small town located just outside of St. Paul, Minnesota with an estimated population of 2,500 people. Split Rock is a great option for those looking for a cozy community with easy access to nearby amenities. The cost of living in Split Rock is much lower than the national average as evidenced by the two bedroom rent which averages $1,090 compared to $1,430 nationally. Additionally, the grocery cost index in Split Rock is 97 versus 100 at the national level.
Split Rock is home to several local businesses such as Foley's Bar & Grill and Milke's Pizza House. Both restaurants offer traditional American fare that has been popular with locals and visitors alike for years! Additionally, there are several retail stores that cater to Split Rock's residents like White Bear Grocery Store and Collier Clothing Company. With affordable rent prices and low grocery costs combined with local businesses, Split Rock provides a great quality of life at an affordable price compared to larger cities nearby.
Split Rock has an unemployment rate of 5.3%. The US average is 6.0%.
Split Rock 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 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Split Rock
- The Sales Tax Rate for Split Rock is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Split Rock 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 Split Rock
- The average income of a Split Rock resident is $19,460 a year. The US average is $28,555 a year.
- The Median household income of a Split Rock resident is $56,458 a year. The US average is $69,021 a year.