St. Marys Point, MN is a small city located on the shores of Lake Pepin. The population of St. Marys Point is estimated to be around 3,000 people. There are several local businesses in St. Marys Point such as Wahpeton Canoe Company, Lakeside Fleet Fishing Charters, and Rivers Edge Campground which offer unique services to the area's residents. The average cost of a two-bedroom apartment in St. Marys Point is $1,430 per month which is slightly higher than the US average at $1,440. The Grocery Cost Index in St. Marys Point is 101 versus 100 in the US giving it a slightly higher cost of living index compared to other cities in America.
St. Marys Point has an unemployment rate of 3.9%. The US average is 6.0%.
St. Marys Point has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for St. Marys Point
- The Sales Tax Rate for St. Marys Point is 7.1%. The US average is 7.3%.
- The Income Tax Rate for St. Marys Point 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. Marys Point
- The average income of a St. Marys Point resident is $55,284 a year. The US average is $37,638 a year.
- The Median household income of a St. Marys Point resident is $99,375 a year. The US average is $69,021 a year.