Scott County, located in Minnesota, is a great place to live with an affordable cost of living. The average two bedroom rent in the county is $1,410, which is lower than the national average of $1,430. In addition to this, the Grocery Cost Index in Scott County is 102 versus 100 in the US. Some well-known businesses within Scott County include Best Buy Headquarters, 3M Corporation, and Anderson Corporation (makers of windows and doors). Other employers include Cambria, University of Minnesota Health Care System – Fairview Ridges Hospital and Welch Plastics Corporation. With its low cost of living and abundant local businesses, Scott County is an attractive destination for residents seeking a great quality of life.
Scott County has an unemployment rate of 4.1%. The US average is 6.0%.
Scott County has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Scott County
- The Sales Tax Rate for Scott County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Scott 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 Scott County
- The average income of a Scott County resident is $47,334 a year. The US average is $37,638 a year.
- The Median household income of a Scott County resident is $109,031 a year. The US average is $69,021 a year.