La Prairie, MN Economy


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United States / Minnesota / No Metro Area / Itasca County / La Prairie / Zip Codes
La Prairie, MN is a small town located in the Midwestern United States. Its population of 5,000 people makes it an ideal place for those looking for a relaxed and quiet lifestyle. Renting a two-bedroom apartment costs $980, which is significantly lower than the US average of $1,430. Groceries are also relatively inexpensive here – with the Grocery Cost Index being 98 compared to 100 in the US.
The town has seen some growth over recent years due to its proximity to larger cities like Minneapolis and St Paul. Local businesses are flourishing as well. These include La Prairie Hardware Store, La Prairie Department Store, and La Prairie Family Farm Market.

La Prairie has an unemployment rate of 6.2%. The US average is 6.0%.

La Prairie has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for La Prairie
- The Sales Tax Rate for La Prairie is 6.9%. The US average is 7.3%.
- The Income Tax Rate for La Prairie 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 La Prairie
- The average income of a La Prairie resident is $20,054 a year. The US average is $28,555 a year.
- The Median household income of a La Prairie resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Prairie, MinnesotaUnited States
  6.26
  -1.9%-6.2%
  20.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $31,389$37,638
  $77,500$69,021
  $86,477$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  12.0%6.8%
  15.4%10.0%
  0.7%2.5%
  19.1%11.0%
  4.5%4.8%
  5.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.4%7.6%
  0.0%0.1%
  0.7%4.2%
  3.7%9.3%
  17.6%14.0%
  0.0%2.1%
  8.6%7.0%
  1.5%4.8%
  6.4%4.7%
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