St. Joseph, MN (zip code 56374) is a small city located in central Minnesota. It has a population of about 7,000 people, making it an ideal place to find affordable rent. The average two-bedroom rent in St. Joseph is $920 per month which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index for St Joseph is 99 compared to the United States index of 100 making food here much cheaper than other parts of the country. Local grocery stores include CashWise Foods and Coborn’s Superstore where you can find all the groceries you need at discounted prices due to this favorable index rating.
St. Joseph (zip 56374) has an unemployment rate of 4.7%. The US average is 6.0%.
St. Joseph (zip 56374) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for St. Joseph (zip 56374)
- The Sales Tax Rate for St. Joseph (zip 56374) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for St. Joseph (zip 56374) 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. Joseph (zip 56374)
- The average income of a St. Joseph (zip 56374) resident is $24,564 a year. The US average is $28,555 a year.
- The Median household income of a St. Joseph (zip 56374) resident is $77,697 a year. The US average is $69,021 a year.