Stony Run, MN is a small town located near several larger cities in Minnesota. It is known for its quaint atmosphere and low cost of living. The average two bedroom rent in Stony Run is much lower than the US average at $810 compared to $1,430. In addition to rent, groceries are also relatively low in Stony Run with an index score of 94 compared to 100 in the US. This makes it a great place for those looking to save money while still having access to all the amenities larger cities offer. Local companies include Stony Run Medical Clinic, Stony Run Auto Repair, and Stony Run Grocery Store where locals go for their daily supplies. With such low costs of living and access to local businesses, Stony Run is a great option for those who want an affordable yet laid-back lifestyle.
Stony Run has an unemployment rate of 4.4%. The US average is 6.0%.
Stony Run has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Stony Run
- The Sales Tax Rate for Stony Run is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Stony Run 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 Stony Run
- The average income of a Stony Run resident is $36,324 a year. The US average is $37,638 a year.
- The Median household income of a Stony Run resident is $99,792 a year. The US average is $69,021 a year.