Sturgeon, MN is a small town located in the state of Minnesota. It’s known for its affordable living, with monthly rent for a two-bedroom apartment coming in at just $860. Residents also benefit from lower grocery cost index compared to the US average, currently at 93 versus 100 in the US. The town has plenty of local businesses to shop and dine like the Sturgeon Grocery, Joe's Pizza Place, and Olga's Bakery & Cafe. There are also many outdoor activities to explore like hiking trails at Sturgeon Lake Park or fishing at the lake itself.
Sturgeon has an unemployment rate of 4.8%. The US average is 6.0%.
Sturgeon 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 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Sturgeon
- The Sales Tax Rate for Sturgeon is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Sturgeon 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 Sturgeon
- The average income of a Sturgeon resident is $26,319 a year. The US average is $28,555 a year.
- The Median household income of a Sturgeon resident is $88,750 a year. The US average is $69,021 a year.