The small town of St. Bonifacius, Minnesota (55375) is a great place to call home. The median 2 Bedroom Rent in St. Bonifacius is $1,270 compared to the national average of $1,430 and it has a Grocery Cost Index of 103 compared to 100 nationally. This makes it an affordable option for potential homeowners and renters alike.
St. Bonifacius is also home to several businesses that contribute greatly to its local economy. The main employers are A&B Business Solutions, North Star Glass, and DNT Printing Solutions who offer printing services both locally and nationally. Additionally, there are small businesses such as restaurants, sporting goods stores, furniture stores, and more that serve the community's daily needs. All these companies help create a lively atmosphere for the citizens of St. Bonifacius by providing jobs with competitive salaries for residents and bringing new business into the area from other areas of the state or country.
St. Bonifacius (zip 55375) has an unemployment rate of 4.2%. The US average is 6.0%.
St. Bonifacius (zip 55375) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for St. Bonifacius (zip 55375)
- The Sales Tax Rate for St. Bonifacius (zip 55375) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for St. Bonifacius (zip 55375) 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 St. Bonifacius (zip 55375)
- The average income of a St. Bonifacius (zip 55375) resident is $40,596 a year. The US average is $37,638 a year.
- The Median household income of a St. Bonifacius (zip 55375) resident is $109,489 a year. The US average is $69,021 a year.