St. Peter, Minnesota (56082) is a small town located in the south of the state. It has a population of just over 8,000 people and is home to many local businesses. The average rent for a two-bedroom apartment in St. Peter is $1,090 - significantly less than the US average of $1,430. Grocery costs are also lower in St. Peter with an index of 99 compared to 100 nationally.
The town offers a wide range of local companies across many industries such as retail, hospitality and manufacturing. Examples include G T Distributing Inc., which provides beer sales to restaurants throughout the area; Mankato Motors Inc., an automobile dealership; A & L Manufacturing Inc., which manufactures metal products; and Peterson Inn Bed & Breakfast which provides accommodation for visitors to the area.
St. Peter (zip 56082) has an unemployment rate of 3.6%. The US average is 6.0%.
St. Peter (zip 56082) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for St. Peter (zip 56082)
- The Sales Tax Rate for St. Peter (zip 56082) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for St. Peter (zip 56082) 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. Peter (zip 56082)
- The average income of a St. Peter (zip 56082) resident is $23,524 a year. The US average is $28,555 a year.
- The Median household income of a St. Peter (zip 56082) resident is $67,772 a year. The US average is $69,021 a year.