St. Vincent, MN is a small rural town in the Midwest that offers its citizens and visitors a peaceful and comfortable lifestyle. The cost of living is affordable with rents for two bedroom apartments averaging $760 compared to the national average of $1,430. Grocery costs are also attractive with an index of 91 compared to the national number of 100. Despite its size, St. Vincent has plenty to offer. Local companies such as Severson Brothers Electric, Minnesota Bio-Fuels, Landmark Cutting Edge Trucking, and St Vincent Bar & Grill offer job opportunities and entertainment options for its citizens. In terms of recreation, there are a variety of outdoor activities such as camping at Clearwater Lake or golfing at Pheasant Acres Golf Course. With its quaint downtown area boasting a local farmer's market and historic church buildings, St Vincent is an ideal place to live and visit!
St. Vincent has an unemployment rate of 4.0%. The US average is 6.0%.
St. Vincent has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for St. Vincent
- The Sales Tax Rate for St. Vincent is 6.9%. The US average is 7.3%.
- The Income Tax Rate for St. Vincent 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. Vincent
- The average income of a St. Vincent resident is $34,780 a year. The US average is $28,555 a year.
- The Median household income of a St. Vincent resident is $49,375 a year. The US average is $69,021 a year.