Sherburne County, MN Economy


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United States / Minnesota / / Sherburne County / Cities / Zip Codes
Sherburne, MN County is an ideal place for renters looking for a great deal. The 2 bedroom rent in the county is only $1,410 compared to the national average of $1,430. Additionally, its Grocery Cost Index is on par with the national average of 100. Sherburne's low cost of living makes it an attractive destination for those looking to stay within budget. The area is also home to numerous companies and resources that can help residents make the most out of their time there. These include notable organizations such as Walmart, Sherburne County Public Utilities and Rice Lake Regional Airport. With a selection of local shops and eateries too, there's something for everyone in Sherburne County.

Sherburne County has an unemployment rate of 4.9%. The US average is 6.0%.

Sherburne County has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Sherburne County
- The Sales Tax Rate for Sherburne County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sherburne County 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 Sherburne County
- The average income of a Sherburne County resident is $29,440 a year. The US average is $28,555 a year.
- The Median household income of a Sherburne County resident is $92,374 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherburne, MinnesotaUnited States
  4.96
  -3.7%-6.2%
  38.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $38,423$37,638
  $92,374$69,021
  $104,648$85,028
  Population by Occupation
  0.9%1.2%
  0.2%0.5%
  10.8%6.8%
  17.4%10.0%
  3.2%2.5%
  10.5%11.0%
  6.2%4.8%
  1.4%0.8%
  0.6%1.9%
  4.6%4.7%
  1.3%1.9%
  4.9%7.6%
  0.1%0.1%
  2.9%4.2%
  6.9%9.3%
  13.8%14.0%
  1.1%2.1%
  5.4%7.0%
  5.0%4.8%
  3.0%4.7%
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