Sargeant, Minnesota is a rural town located in the southeastern part of the state. This small town offers its residents a peaceful atmosphere and plenty of activities to enjoy. Residents can take advantage of lower living costs compared to the national average as 2 bedroom rent is only $1,090 while the US average is $1,430. Grocery costs are also lower than most areas with an index of 96 compared to 100 in the US. Those looking for recreation won't be disappointed either as Sargeant offers several options such as golf courses, bowling alleys, and fishing spots. Despite its size, Sargeant also has many businesses that contribute to its economy including J&H Hardware & Rental Center, Anderson Motors Inc., Ojibwa Mini Mart and Café, Pine Lakes Golf Course, and Red Oak Technologies LLC. It's an ideal place for those who want a peaceful country lifestyle with plenty of recreational activities available.
Sargeant has an unemployment rate of 4.2%. The US average is 6.0%.
Sargeant has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Sargeant
- The Sales Tax Rate for Sargeant is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Sargeant 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 Sargeant
- The average income of a Sargeant resident is $37,318 a year. The US average is $28,555 a year.
- The Median household income of a Sargeant resident is $57,750 a year. The US average is $69,021 a year.