Utica, MN Economy


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Utica, MN is a small town located in the Twin Cities metropolitan area. It is home to a variety of local businesses and attractions, such as the Utica Town Hall, Utica Lutheran Church, Johnson Memorial Health Center, Utica Public Library, and Utica Community Park. The cost of living in Utica is quite affordable due to its low rent costs - two bedroom apartments go for about $1,040 compared to an average of $1,430 nationally - and grocery costs index at 99 out of 100. In addition to its affordability factor, visitors will find many amenities to enjoy such as restaurants like Thirsty Cactus and Lola's Lakehouse Bar & Grill; attractions like Rice Creek Chain of Lakes Park Reserve and Hyland Play Area; and recreational activities like golfing at the Bunker Hills Golf Course.

Utica has an unemployment rate of 3.7%. The US average is 6.0%.

Utica 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 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Utica
- The Sales Tax Rate for Utica is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Utica 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 Utica
- The average income of a Utica resident is $23,105 a year. The US average is $28,555 a year.
- The Median household income of a Utica resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUtica, MinnesotaUnited States
  3.76
  -3.5%-6.2%
  24.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $29,427$37,638
  $71,250$69,021
  $71,250$85,028
  Population by Occupation
  7.0%1.2%
  0.0%0.5%
  3.5%6.8%
  20.9%10.0%
  3.5%2.5%
  3.5%11.0%
  12.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  1.2%4.2%
  8.1%9.3%
  26.7%14.0%
  0.0%2.1%
  8.1%7.0%
  1.2%4.8%
  2.3%4.7%
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