St. Lawrence, MN Economy


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St. Lawrence, Minnesota is a picturesque town located in the Midwestern United States. This small city offers both an affordable cost of living and plenty of activities for all ages. The two bedroom rent in St. Lawrence is slightly higher than the national average at $1,440, while the grocery cost index is still lower than the US average at 102 versus 100. With its close proximity to multiple rivers and lakes, outdoor adventures such as fishing and camping are popular past times among locals. Additionally, St. Lawrence hosts several businesses such as Big Fish Bait and Tackle, Zimmerman Auto Repair, and Millers Original Furniture Store that create an inviting atmosphere to visitors each year. For those looking for something more urban-based, the Lasko Theater provides live performances, film showings and art galleries for patrons of all ages to enjoy. It's no wonder why St. Lawrence continues to be a desirable place to call home!

St. Lawrence has an unemployment rate of 4.1%. The US average is 6.0%.

St. Lawrence has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.

Tax Rates for St. Lawrence
- The Sales Tax Rate for St. Lawrence is 7.4%. The US average is 7.3%.
- The Income Tax Rate for St. Lawrence 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. Lawrence
- The average income of a St. Lawrence resident is $35,460 a year. The US average is $28,555 a year.
- The Median household income of a St. Lawrence resident is $147,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Lawrence, MinnesotaUnited States
  4.16
  -3.7%-6.2%
  38.2%33.5%
  7.4%6.2%
  7.1%4.6%
  $43,552$37,638
  $147,813$69,021
  $150,625$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  11.7%6.8%
  5.5%10.0%
  2.1%2.5%
  16.8%11.0%
  4.5%4.8%
  4.1%0.8%
  0.3%1.9%
  5.5%4.7%
  0.7%1.9%
  12.4%7.6%
  0.0%0.1%
  1.7%4.2%
  10.7%9.3%
  7.6%14.0%
  1.0%2.1%
  0.7%7.0%
  11.3%4.8%
  1.7%4.7%
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