Staples, MN Economy


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United States / Minnesota / No Metro Area / Todd County / Staples / Zip Codes
Staples, MN is a small town in Central Minnesota with a population of around 2,600. It is known for its affordable living and excellent amenities. The rent for a two bedroom apartment in Staples is just $850, which is much less than the national average of $1,430. The local grocery cost index is also lower than the national average at 94 compared to 100. Staples has a range of local companies including Staples Heating and Air Conditioning, Pristine Carpet Cleaning, and Gullickson Auto Sales, all offering quality services to residents.

Staples has an unemployment rate of 5.4%. The US average is 6.0%.

Staples has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Staples
- The Sales Tax Rate for Staples is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Staples 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 Staples
- The average income of a Staples resident is $21,762 a year. The US average is $37,638 a year.
- The Median household income of a Staples resident is $39,113 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStaples, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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