Scanlon, MN Economy


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Scanlon, MN is a small town in Minnesota that offers an affordable cost of living. The average rent for a two bedroom apartment is $1,160 compared to the national average of $1,430. Additionally, Scanlon has a grocery cost index of 97 versus 100 in the US. This makes Scanlon an attractive destination for those looking for an affordable lifestyle. Companies located in Scanlon include Smith's Automotive Repair and Machine shop, Scanlon Cafe & Bakery, and Cashman's Hardware. In comparison to other areas across the United States, Scanlon offers residents a great way to enjoy all that the town has to offer while still keeping their cost of living as low as possible.

Scanlon has an unemployment rate of 5.3%. The US average is 6.0%.

Scanlon has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Scanlon
- The Sales Tax Rate for Scanlon is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Scanlon 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 Scanlon
- The average income of a Scanlon resident is $21,414 a year. The US average is $28,555 a year.
- The Median household income of a Scanlon resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScanlon, MinnesotaUnited States
  5.36
  -3.8%-6.2%
  30.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,597$37,638
  $71,250$69,021
  $86,591$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.4%6.8%
  14.2%10.0%
  2.2%2.5%
  10.8%11.0%
  7.4%4.8%
  0.6%0.8%
  0.8%1.9%
  2.0%4.7%
  0.8%1.9%
  3.6%7.6%
  0.0%0.1%
  6.6%4.2%
  5.6%9.3%
  17.2%14.0%
  1.8%2.1%
  3.0%7.0%
  6.4%4.8%
  8.4%4.7%
Health
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