Stockton, MN is a small town located in the Midwestern United States. It is known for its low cost of living with two bedroom apartment rentals at $760 per month and grocery costs indexing at 97 against the US average of 100. The town has many local businesses that make up its economy such as Stockton Grain & Feed, Stockton Groceries, and Stockton Cafe. Amenities include multiple parks, a community center, and a public library. The town is home to several churches and religious organizations as well as a variety of restaurants.
Stockton has an unemployment rate of 3.7%. The US average is 6.0%.
Stockton has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Stockton
- The Sales Tax Rate for Stockton is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Stockton 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 Stockton
- The average income of a Stockton resident is $25,399 a year. The US average is $28,555 a year.
- The Median household income of a Stockton resident is $65,000 a year. The US average is $69,021 a year.