St. James township, MN Economy


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United States / Minnesota / No Metro Area / Watonwan County / St. James township / Zip Codes
St. James township, MN is a great place to live with low cost of living despite having many amenities available. The average two bedroom rent in St. James township is $830 compared to the US average of $1,430, making it more affordable than most places in the country. Moreover, the Grocery Cost Index (GCI) in St. James township is 95 compared to 100 in the United States on average, further lowering cost of living for its residents. Companies such as Marcusen Motors, St. James High School and Hy-Vee Supermarket are located here providing locals with employment opportunities and services they need. All these factors make St. James Township an attractive place for those looking for a great place to live at an affordable price.

St. James township has an unemployment rate of 4.5%. The US average is 6.0%.

St. James township has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for St. James township
- The Sales Tax Rate for St. James township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for St. James township 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. James township
- The average income of a St. James township resident is $30,442 a year. The US average is $28,555 a year.
- The Median household income of a St. James township resident is $90,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. James township, MinnesotaUnited States
  4.56
  1.8%-6.2%
  30.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $53,901$37,638
  $90,000$69,021
  $100,625$85,028
  Population by Occupation
  22.4%1.2%
  0.0%0.5%
  5.6%6.8%
  7.5%10.0%
  1.9%2.5%
  11.2%11.0%
  14.0%4.8%
  1.9%0.8%
  1.9%1.9%
  7.5%4.7%
  0.9%1.9%
  0.0%7.6%
  2.8%0.1%
  0.0%4.2%
  4.7%9.3%
  5.6%14.0%
  0.9%2.1%
  3.7%7.0%
  2.8%4.8%
  4.7%4.7%
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