Leonidas, MN Economy


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Leonidas, MN is a small town located in the Midwest United States. This quaint town has a population of around 1000 people and offers a close knit community with plenty of amenities. The cost of living in Leonidas is significantly lower than the national average, with a two bedroom apartment costing only $990 per month, compared to the US average of $1,430. Additionally, grocery costs are 92% lower than the nation wide average.
In Leonidas there are plenty of local businesses that make up its economy. These include small cafes such as Coffee N' Cream Cafe & Bakery and eateries such as La Veracruzana Mexican Restaurant. There is also an array of stores like Harry's Hardware or Leonidas General Store that offer everything from groceries to home supplies. With its affordable prices and quality local businesses, Leonidas is an attractive place for those looking for a nice place to live and to find work at an affordable rate.

Leonidas has an unemployment rate of 4.8%. The US average is 6.0%.

Leonidas 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 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Leonidas
- The Sales Tax Rate for Leonidas is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Leonidas 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 Leonidas
- The average income of a Leonidas resident is $12,124 a year. The US average is $28,555 a year.
- The Median household income of a Leonidas resident is $25,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeonidas, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $23,453$37,638
  $25,833$69,021
Family Median Income 85028
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