St. George, MN Economy


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St. George, MN is small city with a population of about 5,000 people. It is known for its low cost of living; the average 2 bedroom rent in St. George is $1,230 compared to the national average of $1,430. Additionally, the grocery cost index in St. George is 98 versus 100 nationally. These factors make it an attractive place to live for both families and young professionals alike.
Local companies such as The Corner Store and Logan's Grocery have been praised for their friendly customer service and quality products. One reviewer of The Corner Store said “I love this store! Prices are great and everyone working there is always so friendly and helpful!” Another review of Logan's Grocery states that “the produceis always fresh and the staff is so helpful when I have questions about products”.

St. George has an unemployment rate of 6.1%. The US average is 6.0%.

St. George 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 33.5%, which is higher than the US average of 33.5%.

Tax Rates for St. George
- The Sales Tax Rate for St. George is 7.4%. The US average is 7.3%.
- The Income Tax Rate for St. George 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 St. George
- The average income of a St. George resident is $30,801 a year. The US average is $28,555 a year.
- The Median household income of a St. George resident is $100,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. George, MinnesotaUnited States
  6.16
  -2.4%-6.2%
  33.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,521$37,638
  $100,000$69,021
  $98,194$85,028
  Population by Occupation
  3.1%1.2%
  0.0%0.5%
  6.5%6.8%
  9.2%10.0%
  1.6%2.5%
  15.4%11.0%
  6.5%4.8%
  0.5%0.8%
  0.0%1.9%
  4.0%4.7%
  1.7%1.9%
  5.8%7.6%
  0.0%0.1%
  1.7%4.2%
  9.3%9.3%
  19.1%14.0%
  0.0%2.1%
  5.1%7.0%
  1.6%4.8%
  8.9%4.7%
Health
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