Esko, MN Economy


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Esko, MN is a mid-sized city located in northern Minnesota. It is home to an array of local businesses such as Esko Tire, Fitquest Gym, and Craftsman Collision Repair. Despite its small size, Esko has plenty to offer its residents. For those looking for affordable housing options, it may be worth considering a move to the area. The average two bedroom rent in Esko is $1,380 while the US average is $1,430 making Esko more cost effective than most other cities in the country. Additionally, grocery costs are slightly lower in this area with an index score of 101 compared to 100 in the US on average.

Esko has an unemployment rate of 5.3%. The US average is 6.0%.

Esko 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 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Esko
- The Sales Tax Rate for Esko is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Esko 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 Esko
- The average income of a Esko resident is $27,433 a year. The US average is $28,555 a year.
- The Median household income of a Esko resident is $104,297 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEsko, MinnesotaUnited States
  5.36
  -3.8%-6.2%
  30.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $41,715$37,638
  $104,297$69,021
  $103,438$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  5.4%6.8%
  6.7%10.0%
  0.7%2.5%
  6.0%11.0%
  9.6%4.8%
  1.1%0.8%
  1.2%1.9%
  9.0%4.7%
  1.2%1.9%
  1.5%7.6%
  0.0%0.1%
  0.0%4.2%
  25.9%9.3%
  11.2%14.0%
  2.4%2.1%
  3.1%7.0%
  4.7%4.8%
  9.6%4.7%
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