Sioux Agency, MN is a scenic town situated in the state of Minnesota. It has a relatively low cost of living compared to other parts of the country. The average two bedroom rent here is only $840 per month, which is much lower than the national average rent for two bedrooms at $1,430. Additionally, the Grocery Cost Index in Sioux Agency is 94 compared to 100 across the US, making grocery prices more affordable for locals.
Sioux Agency has some great local companies that make up its economy. These include Sioux Printing Services, which offers printing services for both businesses and individuals, and Sioux Flowers & Gifts, a floral shop offering unique gift arrangements and bouquets for any occasion. There are also several restaurants like Sioux’s Cafe & Bakery and Little Valley Pizza that serve delicious cuisine to locals and tourists alike. All these businesses add to the charm of Sioux Agency while providing valuable goods and services to its citizens at an affordable price point.
Sioux Agency has an unemployment rate of 4.4%. The US average is 6.0%.
Sioux Agency has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Sioux Agency
- The Sales Tax Rate for Sioux Agency is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sioux Agency 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 Sioux Agency
- The average income of a Sioux Agency resident is $38,223 a year. The US average is $37,638 a year.
- The Median household income of a Sioux Agency resident is $78,750 a year. The US average is $69,021 a year.