Star, MN is a small town located in the Midwest area of the United States. This thriving community offers residents a great quality of life with its low cost of living throughout the city. The rent for a two-bedroom home averages $930 per month, which is significantly lower than the US average of $1,430. Similarly, grocery costs index is also substantially lower at 94 compared to 100 across the US.
Star, MN is home to many local businesses that help contribute to its lively atmosphere. Popular local companies include Star Electric Inc., Star Automotive Services and Star Property Management Company LLC. The town also has plenty of activities for residents like outdoor sports, music events and educational classes offered by organizations such as the Star Education and Community Center and Star Library System.
Overall, Star, MN provides an affordable place to live in with its low rent prices and grocery cost index that makes it a great place for people who are looking for more value out of their money.
Star has an unemployment rate of 5.7%. The US average is 6.0%.
Star has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Star
- The Sales Tax Rate for Star is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Star 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 Star
- The average income of a Star resident is $21,889 a year. The US average is $28,555 a year.
- The Median household income of a Star resident is $50,208 a year. The US average is $69,021 a year.