Scandia, MN (55047) is a small town located in Washington County. This area is known for its historical roots as well as its rolling hills and lakes. Residents enjoy the area's numerous outdoor activities and peaceful setting while being close to bigger cities such as Stillwater and Minneapolis. The 2 bedroom rent in Scandia is $1,620 which is $190 more than the US average of $1,430. Additionally, the grocery cost index in Scandia is 106 versus 100 in the US. Local companies include: Afton Tavern & Pizza, Goodview Cafe & Catering Co., and Scandia Market & Deli. The cost of living in Scandia is slightly higher than other places due to the high rental prices as well as higher grocery costs.
Scandia (zip 55047) has an unemployment rate of 3.9%. The US average is 6.0%.
Scandia (zip 55047) 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 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Scandia (zip 55047)
- The Sales Tax Rate for Scandia (zip 55047) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Scandia (zip 55047) 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 Scandia (zip 55047)
- The average income of a Scandia (zip 55047) resident is $69,588 a year. The US average is $37,638 a year.
- The Median household income of a Scandia (zip 55047) resident is $98,864 a year. The US average is $69,021 a year.