Lansing, MN Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Lansing, MN is a great place to live for those looking for an affordable lifestyle. The average rent for a 2 bedroom apartment is $970, comparably cheaper than the US average of $1,430. In addition to housing costs being low, Lansing also has a lower Grocery Cost Index than the US index of 100 at 92. This all adds up to make Lansing an attractive place to live and settle down.
The town of Lansing offers many business opportunities and plenty of local businesses that make it a great place to work and shop. Some notable companies are Raffensperger Sales & Service, Kustom Gutters & Exteriors LLC, and JLK Automotive. These companies offer great services like auto repair, gutter installation, and sales and service. With all these amenities and more available in Lansing, it makes sense why this small town is becoming increasingly popular for people looking for an affordable lifestyle without sacrificing quality.

Lansing has an unemployment rate of 4.2%. The US average is 6.0%.

Lansing has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Lansing
- The Sales Tax Rate for Lansing is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lansing 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 Lansing
- The average income of a Lansing resident is $31,041 a year. The US average is $37,638 a year.
- The Median household income of a Lansing resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLansing, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
Health
Compare Lansing, MN
cost of living
Compare food, housing, utilities, and more in Lansing, Minnesota to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.