Stony Brook, MN is an up-and-coming small town with a lot to offer its residents. For starters, the average rent for a two bedroom apartment in Stony Brook is only $830, making it much more affordable than the US average of $1,430. Additionally, the cost of groceries is relatively low in Stony Brook as well; the Grocery Cost Index in Stony Brook is 93 compared to 100 in the US.
The town itself and its surrounding area have plenty to see and do as well. Popular local companies and attractions include Hennepin County Farms, Turtle Lake Golf Course, and Prince Burger. Whether you're looking for a bite to eat or some outdoor recreation, there's something for everyone in Stony Brook!
Stony Brook has an unemployment rate of 5.4%. The US average is 6.0%.
Stony Brook has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Stony Brook
- The Sales Tax Rate for Stony Brook is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Stony Brook 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 Stony Brook
- The average income of a Stony Brook resident is $49,142 a year. The US average is $28,555 a year.
- The Median household income of a Stony Brook resident is $60,000 a year. The US average is $69,021 a year.