Sturgeon Lake, MN (55783) is an ideal location for those looking to save on rent while still enjoying life. The average two bedroom rent here is just $1,070 compared to the US average of $1,430. Additionally, the Grocery Cost Index is lower than the US at 98 versus 100. There are many great local companies that provide goods and services in Sturgeon Lake including Top Off Market & Deli which offers fresh produce and groceries as well as a deli counter with made-to-order sandwiches. R&R Automotive provides quality car care such as oil changes and vehicle repair. Lastly, there’s Fun Valley which is a local family amusement park with go-karts, mini golf courses, batting cages, bumper boats and much more for enjoyable entertainment.
Sturgeon Lake (zip 55783) has an unemployment rate of 7.7%. The US average is 6.0%.
Sturgeon Lake (zip 55783) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Sturgeon Lake (zip 55783)
- The Sales Tax Rate for Sturgeon Lake (zip 55783) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sturgeon Lake (zip 55783) 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 Sturgeon Lake (zip 55783)
- The average income of a Sturgeon Lake (zip 55783) resident is $38,336 a year. The US average is $37,638 a year.
- The Median household income of a Sturgeon Lake (zip 55783) resident is $72,222 a year. The US average is $69,021 a year.