Stevens, MN is an excellent place to live for those on a budget. It has an average two bedroom rent of only $820, making it much more affordable than the national average of $1,430. The grocery cost index in Stevens is 93 versus 100 in the US, making food very inexpensive as well. Local businesses in Stevens include the historic Grand Hotel, Hot Spot Pizza, and the Rainbow Tree Farm. All in all, Stevens offers a great quality of life at a fraction of the cost.
Stevens has an unemployment rate of 3.8%. The US average is 6.0%.
Stevens has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Stevens
- The Sales Tax Rate for Stevens is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Stevens 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 Stevens
- The average income of a Stevens resident is $27,525 a year. The US average is $28,555 a year.
- The Median household income of a Stevens resident is $135,938 a year. The US average is $69,021 a year.