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Stearns County · Minnesota · Midwest · 71k residents

St. Cloud, MN: economy, jobs & business costs

The site-selection read on St. Cloud: labor costs, talent, corporate tax, energy, and business activity, with the Minnesota median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

Average weekly wages in the surrounding labor market run $1,257/wk. Minnesota's corporate income tax rate is 9.8%. Commercial electricity averages 12.1¢/kWh.

Compare St. Cloud side by side

Avg. weekly wage

$1,257/wk

lower than 63% of US cities

Corporate income tax

9.8%

lower than 5% of US cities

Bachelor's degree or higher

30.4%

25% vs state median≈ US median

Commercial electricity

12.1¢/kWh

≈ US median

Economic momentum

How fast St. Cloud's economy is moving, ranked against the US cities we track.

39/100

Steady

Residential permits: -27.8% (bottom 30%)Jobs: +0.2% (near US average)
Momentum rising · +19 over 4 yr

Ranks St. Cloud's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.

All facets · St. Cloud
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Real listings in St. Cloud

LoopNetCrexiCommercialCafe

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
Is St. Cloud a good place to run a business?
Minnesota's corporate income tax rate is 9.8%; average weekly wages in the surrounding labor market run $1,257/wk; commercial electricity averages 12.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
What is the cost of living in St. Cloud, MN?
St. Cloud indexes at 86 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,060/mo and a acs median home value of $225,000.
How much does a house cost in St. Cloud?
The acs median home value in St. Cloud is $225,000 (Census ACS estimate; individual listings vary).
How much is rent in St. Cloud?
A two-bedroom in St. Cloud rents for about $1,060/mo.