Sibley, MN County is a great place to live with many local businesses and affordable housing options. The average 2 Bedroom Rent in Sibley county is $860 compared to the US average of $1430. This is an encouraging sign for those looking to move into the area due to its affordability. Additionally, grocery cost index in Sibley County is 96 versus 100 in US which makes living here quite economical. There are numerous local companies located in Sibley including Minnesota Valley Electric, Jarchow Dairy Products and Crystal Spring Dairy. With a median household income of $59,000 and relatively low cost of living, Sibley County offers competitive wages for workers providing them with an opportunity to improve their lives financially.
Sibley County has an unemployment rate of 5.3%. The US average is 6.0%.
Sibley County has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Sibley County
- The Sales Tax Rate for Sibley County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sibley 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 Sibley County
- The average income of a Sibley County resident is $26,709 a year. The US average is $28,555 a year.
- The Median household income of a Sibley County resident is $67,412 a year. The US average is $69,021 a year.