Lutsen, MN Economy


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United States / Minnesota / No Metro Area / Cook County / Lutsen / Zip Codes
Lutsen, Minnesota is a small town situated on the North Shore of Lake Superior. It is known for its pristine wilderness and beautiful views of nearby Cascade River State Park. The cost of living is relatively low compared to the US average, with two bedroom rent costing $860 compared to the US average of $1,430. Grocery costs are also lower than the national average at 102%. Additionally, many outdoor activities can be enjoyed in Lutsen such as skiing, kayaking, hiking and fishing. There are a variety of local businesses and attractions in Lutsen such as Superior National Golf Course, Cascade Vacation Rentals and Lutsen Mountains Ski Resort. With its stunning scenery and abundance of activities, it's no wonder why this small town is such a popular destination for tourists from all over.

Lutsen has an unemployment rate of 7.4%. The US average is 6.0%.

Lutsen has seen the job market increase by 12.9% over the last year. Future job growth over the next ten years is predicted to be 55.5%, which is higher than the US average of 33.5%.

Tax Rates for Lutsen
- The Sales Tax Rate for Lutsen is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Lutsen 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 Lutsen
- The average income of a Lutsen resident is $25,363 a year. The US average is $28,555 a year.
- The Median household income of a Lutsen resident is $54,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLutsen, MinnesotaUnited States
  7.46
  -9.6%-6.2%
  55.5%33.5%
  8.4%6.2%
  7.1%4.6%
  $45,209$37,638
  $54,167$69,021
  $76,667$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  20.0%6.8%
  0.0%10.0%
  0.0%2.5%
  17.9%11.0%
  0.0%4.8%
  3.2%0.8%
  0.0%1.9%
  0.0%4.7%
  6.3%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  6.3%14.0%
  0.0%2.1%
  31.6%7.0%
  5.3%4.8%
  9.5%4.7%
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