Sunburg, MN Economy


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Sunburg, MN is a small town located in Minnesota with a pleasant atmosphere. It offers a variety of local businesses such as Sunburg Bakery, Sunburg Auto Parts, and Sunburg Antique Store. Due to its small size, the cost of living is quite low compared to other areas in the United States. For example, 2 bedroom rent in Sunburg is only $840 while it's $1,430 on average in the United States. Moreover, grocery cost index in Sunburg is 99 while it stands at 100 all across America. All things considered, this town provides a good quality of life at an affordable rate for those looking to live in or visit Sunburg.

Sunburg has an unemployment rate of 4.9%. The US average is 6.0%.

Sunburg has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Sunburg
- The Sales Tax Rate for Sunburg is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sunburg 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 Sunburg
- The average income of a Sunburg resident is $23,390 a year. The US average is $28,555 a year.
- The Median household income of a Sunburg resident is $24,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySunburg, MinnesotaUnited States
  4.96
  0.3%-6.2%
  37.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $20,668$37,638
  $24,250$69,021
  $48,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.1%6.8%
  20.5%10.0%
  6.8%2.5%
  9.1%11.0%
  6.8%4.8%
  0.0%0.8%
  0.0%1.9%
  6.8%4.7%
  0.0%1.9%
  4.5%7.6%
  0.0%0.1%
  6.8%4.2%
  0.0%9.3%
  13.6%14.0%
  0.0%2.1%
  4.5%7.0%
  4.5%4.8%
  6.8%4.7%
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