Little Canada, MN Economy


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Little Canada, MN is a vibrant city located in the Minneapolis-St. Paul area with a population of just over 8,000 residents. It's an ideal location for those looking for a quiet suburban lifestyle, with rent for a two-bedroom apartment at $1,340. When it comes to groceries, Little Canada is also quite affordable—the Grocery Cost Index is 99 compared to the US average of 100.
Little Canada offers plenty of activities and attractions that locals can enjoy year-round. There are great local businesses, such as Gerten's Garden Center & Nursery or La Casita Mexican Restaurant, as well as larger stores like Walgreen's and Target. And for outdoor activities there are many parks in the area including Keller Regional Park and Lions Park Nature Trail. All in all Little Canada is a great place to live that offers an excellent balance of affordability and fun!

Little Canada has an unemployment rate of 4.5%. The US average is 6.0%.

Little Canada has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Little Canada
- The Sales Tax Rate for Little Canada is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Little Canada 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 Little Canada
- The average income of a Little Canada resident is $42,410 a year. The US average is $37,638 a year.
- The Median household income of a Little Canada resident is $61,959 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle Canada, 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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