Russia, MN Economy


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Russia, MN is a small town located in Morrison County with a population of just under 200 people. The area is known for its lush woodlands and rolling hills which provide an idyllic setting for residents. Many local businesses call Russia their home, such as the Atlas Family Restaurant and Kosek's Grocery Store. Rent in Russia is much lower than the US average, at just $840 for two bedrooms compared to $1,430 nationally. Grocery costs are also significantly cheaper in Russia with an index score of 95 compared to 100 in the US. All these factors combined make Russia a great place to live for those looking to save money while enjoying the peaceful charm of rural living.

Russia has an unemployment rate of 4.9%. The US average is 6.0%.

Russia has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Russia
- The Sales Tax Rate for Russia is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Russia 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 Russia
- The average income of a Russia resident is $56,611 a year. The US average is $37,638 a year.
- The Median household income of a Russia resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRussia, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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