Sibley, MN is a small town located in Minnesota, known for its friendly atmosphere and close-knit community. It is home to a variety of local businesses such as Sibley Family Farms, offering fresh produce and locally grown products; J&R Auto Repair, providing automotive services; and Herning & Sons Grocery Store which offers quality groceries at affordable prices for local residents. With a 2 bedroom rent of $1,000 compared to the US average of $1,430 and a grocery cost index of 96 versus 100 in the US, Sibley is an attractive place for those looking for an affordable cost of living.
Sibley has an unemployment rate of 5.3%. The US average is 6.0%.
Sibley has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Sibley
- The Sales Tax Rate for Sibley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sibley 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 Sibley
- The average income of a Sibley resident is $45,488 a year. The US average is $28,555 a year.
- The Median household income of a Sibley resident is $85,179 a year. The US average is $69,021 a year.