Sauk Rapids, MN (56379) is a quiet riverside town located in Central Minnesota. The average rent for a two-bedroom apartment here is $1,270, which is significantly lower than the national average of $1,430. Grocery costs in Sauk Rapids are also more affordable than other parts of the country, with an index score of 98 compared to 100 in the United States.
The city's local economy is mainly comprised of industries such as health care and social assistance, retail trade, accommodation and food service, and manufacturing. Popular companies operating in this area include Coborn’s Inc., CentraCare Health System, Champion Industries Inc., Verso Corporation and Bemidji Woolen Mills Inc.
Sauk Rapids (zip 56379) has an unemployment rate of 6.1%. The US average is 6.0%.
Sauk Rapids (zip 56379) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.
Tax Rates for Sauk Rapids (zip 56379)
- The Sales Tax Rate for Sauk Rapids (zip 56379) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sauk Rapids (zip 56379) 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 Sauk Rapids (zip 56379)
- The average income of a Sauk Rapids (zip 56379) resident is $34,521 a year. The US average is $37,638 a year.
- The Median household income of a Sauk Rapids (zip 56379) resident is $64,279 a year. The US average is $69,021 a year.