Lent, MN Economy


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Lent, MN is a small city located near St. Paul in the state of Minnesota. It is known for its close-knit community and many local companies. For those looking to rent a two-bedroom apartment in Lent, the average cost is $1,230 which is cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in Lent is 101 versus 100 in the US making it slightly more expensive than nationwide averages. Some of the local businesses include Good Morning Donuts, Lent Automotive Repair Shop, and Lent's Finest Barbershop.

Lent has an unemployment rate of 5.4%. The US average is 6.0%.

Lent has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Lent
- The Sales Tax Rate for Lent is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lent 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 Lent
- The average income of a Lent resident is $42,442 a year. The US average is $37,638 a year.
- The Median household income of a Lent resident is $107,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLent, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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