Stark, MN is an interesting place to live. The 2 bedroom rent in Stark, MN is significantly lower than the US average of $1,430 at only $940. While grocery costs are slightly higher than the US as a whole at 97 versus 100 index points, there are plenty of local companies that make living in Stark affordable. The Stark area has many local businesses like Johnson & Sons Grocery Store, Chasen & Sons Hardware Store, and Bob's Coffee Shop that offer competitive prices and friendly staff. Residents of Stark get all the benefits of living in a small town with big city amenities just a short drive away. Overall, Stark is an excellent place to call home with its relatively low cost of living compared to other parts of the US.
Stark has an unemployment rate of 4.8%. The US average is 6.0%.
Stark 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 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Stark
- The Sales Tax Rate for Stark is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Stark 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 Stark
- The average income of a Stark resident is $38,307 a year. The US average is $28,555 a year.
- The Median household income of a Stark resident is $75,938 a year. The US average is $69,021 a year.