Stewartville, Minnesota is a small city located in Olmsted County with a population of just over 5,500 people. The city is known for its high quality of life and low cost of living. The average two bedroom rent for Stewartville is $1,130 which is significantly lower than the US average at $1,430. Grocery Cost Index is also lower at 100 compared to the national average of 100 as well. Stewartville is home to several local businesses such as Downtown Drug Pharmacy, Gausman's Auto Repair & Paint Shop, Wilson Photographic Design Studio and more. There are also many amenities like parks, walking trails and a library. With its reasonable prices and comfortable environment, Stewartville makes for a great place to live and work.
Stewartville (zip 55976) has an unemployment rate of 3.7%. The US average is 6.0%.
Stewartville (zip 55976) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Stewartville (zip 55976)
- The Sales Tax Rate for Stewartville (zip 55976) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Stewartville (zip 55976) 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 Stewartville (zip 55976)
- The average income of a Stewartville (zip 55976) resident is $27,442 a year. The US average is $28,555 a year.
- The Median household income of a Stewartville (zip 55976) resident is $84,346 a year. The US average is $69,021 a year.