St. Cloud, MN Economy


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St. Cloud, MN is a small city located in central Minnesota. It offers affordable living and beautiful scenery with access to outdoor activities like hiking, fishing, and biking. The average 2 bedroom rent in St. Cloud is $1,030 which is significantly lower than the US average of $1,430 for 2 bedrooms. Additionally, the Grocery Cost Index for St. Cloud is 97 compared to the US average of 100, making groceries more affordable too! There are a range of employment opportunities in St. Cloud including CentraCare Health Systems, Coborns Inc., Gold'n Plump Poultry Inc., UPS Freight and Electrolux Home Products Inc., offering jobs in healthcare, retail and manufacturing industries respectively.

St. Cloud has an unemployment rate of 5.8%. The US average is 6.0%.

St. Cloud 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 34.0%, which is higher than the US average of 33.5%.

Tax Rates for St. Cloud
- The Sales Tax Rate for St. Cloud is 7.6%. The US average is 7.3%.
- The Income Tax Rate for St. Cloud 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 St. Cloud
- The average income of a St. Cloud resident is $23,078 a year. The US average is $28,555 a year.
- The Median household income of a St. Cloud resident is $54,427 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Cloud, MinnesotaUnited States
  5.86
  -2.5%-6.2%
  34.0%33.5%
  7.6%6.2%
  7.1%4.6%
  $28,896$37,638
  $54,427$69,021
  $71,005$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  5.8%6.8%
  12.5%10.0%
  2.5%2.5%
  13.4%11.0%
  5.3%4.8%
  0.3%0.8%
  1.2%1.9%
  3.8%4.7%
  1.5%1.9%
  2.8%7.6%
  0.1%0.1%
  3.4%4.2%
  12.7%9.3%
  17.4%14.0%
  1.8%2.1%
  8.5%7.0%
  4.5%4.8%
  1.9%4.7%
Reviews for St. Cloud
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The scenery and the water is amazing here affordable living for retired people  More

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Over 3 years ago

Lived here previously, have friends that still do. i don't know why anyone stays. It is the armpit of the state. Smaller town, so everyone knows everyone and is in your  More

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Over 7 years ago

A Stabbing happened at a local mall. I would not recommend the school district either. I heard about bullying in the schools too. I would not recommend living in the  More

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