Sturgeon Lake Township, MN is a great place to live. It has a low cost of living with two bedroom rent averaging $1,030 compared to the US average of $1,430. Grocery costs are also relatively inexpensive at 97 compared to 100 in the US. The area is known for its rural charm and access to nature. Local companies and amenities include the Thorpe's Market grocery store, Sturgeon Lake Pharmacy, Sturgeon Lake Fitness Center, and nearby golf courses. This small town offers plenty of recreational activities and a peaceful lifestyle for those looking for an escape from the hustle and bustle of city life.
Sturgeon Lake township has an unemployment rate of 7.7%. The US average is 6.0%.
Sturgeon Lake township has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Sturgeon Lake township
- The Sales Tax Rate for Sturgeon Lake township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sturgeon Lake township 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 Lake township
- The average income of a Sturgeon Lake township resident is $19,317 a year. The US average is $28,555 a year.
- The Median household income of a Sturgeon Lake township resident is $74,464 a year. The US average is $69,021 a year.