Retail Stationery Store workers comp rate in Minnesota
The filed workers comp rate for class code 8047 (Retail Stationery Store) in Minnesota is $0.660 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $3,300 in base premium.
Rate per $100 $0.660
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 76%
Confidence HIGH
FAQ
What is the workers comp rate for code 8047 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8047 (Retail Stationery Store) in Minnesota is $0.660 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8047 on $500,000 of payroll?
At $0.660 per $100, $500,000 of payroll yields a base premium of $3,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8047?
UT has the cheapest filed rate for code 8047 ($0.190) and NJ the highest ($1.64). Minnesota sits at the 76th percentile across 21 peer states.