Scandia, MN is a great place to live with many amenities for families and individuals alike. Located in Washington County, Scandia offers mild weather throughout the year and access to multiple lakes nearby. The local rental price of two-bedroom homes is relatively affordable compared to the national average, while groceries are slightly more expensive due to Scandia being part of a higher cost of living area.
The job market in Scandia offers opportunities mainly in retail, hospitality, and healthcare sectors. Major employers include 3M, Medtronic Inc., Mayo Clinic Health System - Eastridge Hospital, CORE Plastics Inc., and Thermo Dynamics Boiler Co., which offer a variety of positions in medical technology, plastics manufacturing, hospitality service industry and more. There are also many smaller businesses that provide employment opportunities for residents.
Scandia has an unemployment rate of 3.9%. The US average is 6.0%.
Scandia has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Scandia
- The Sales Tax Rate for Scandia is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Scandia 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 Scandia
- The average income of a Scandia resident is $34,926 a year. The US average is $28,555 a year.
- The Median household income of a Scandia resident is $91,106 a year. The US average is $69,021 a year.