Stewartville, MN Economy


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Stewartville, MN is a small town in the southeastern part of the state. It is well-known for its picturesque views and friendly people. The rent for a two-bedroom apartment is slightly lower than the average rent for the US, making it an attractive option for those looking to save money. In addition, Stewartville has a Grocery Cost Index that is on par with the national average.
The town's main employer is Stewartville Public Schools, which offers jobs to teachers, staff and administrators. Other local employers include American Family Insurance and Starlite Electric, both of which are located in downtown Stewartville. Furthermore, Mayo Clinic Health System provides medical care to residents of Stewartville and surrounding towns.

Stewartville has an unemployment rate of 3.7%. The US average is 6.0%.

Stewartville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Stewartville
- The Sales Tax Rate for Stewartville is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Stewartville 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 Stewartville
- The average income of a Stewartville resident is $25,482 a year. The US average is $28,555 a year.
- The Median household income of a Stewartville resident is $82,984 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStewartville, MinnesotaUnited States
  3.76
  -0.9%-6.2%
  33.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $34,667$37,638
  $82,984$69,021
  $100,710$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.9%6.8%
  7.1%10.0%
  0.8%2.5%
  14.9%11.0%
  2.2%4.8%
  0.0%0.8%
  0.9%1.9%
  4.4%4.7%
  0.3%1.9%
  4.2%7.6%
  0.0%0.1%
  1.3%4.2%
  10.5%9.3%
  29.8%14.0%
  0.5%2.1%
  3.5%7.0%
  5.3%4.8%
  4.5%4.7%
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