Scott, MN is a small city located in the state of Minnesota. It has a population of approximately 3,000 people and offers its residents a unique combination of rural living with easy access to urban amenities. The median cost for a two-bedroom apartment is $790, making it more affordable than the national average of $1,430. The local grocery cost index is 97 compared to 100 in the US overall, making Scott an attractive option for budget-conscious consumers. Local businesses include R&J Electric, Prairie Drive Tire & Auto Repair, Scott Vision Center, and Lakeside Floral & Gifts. All these companies offer quality products and services to Scott's residents at competitive prices.
Scott has an unemployment rate of 3.8%. The US average is 6.0%.
Scott has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Scott
- The Sales Tax Rate for Scott is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Scott 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 Scott
- The average income of a Scott resident is $33,557 a year. The US average is $37,638 a year.
- The Median household income of a Scott resident is $61,944 a year. The US average is $69,021 a year.