Johnsonville, MN is a small city located in the midwest United States with a relatively low cost of living. According to 2 bedroom rental estimates, rent in Johnsonville is about half of average rent in the US at $760 compared to $1,430 nationally. Similarly, Johnsonville also has lower grocery costs as evidenced by the Grocery Cost Index which is 94 compared to 100 for the US. Despite its size, there are several local companies operating in Johnsonville such as C&F Foods Inc, J & J Industries Inc., and Johnsonville Feed Mill Co. providing employment opportunities in industries such as food production, finance, and agricultural services. Overall, Johnsonville is an affordable city with many businesses that contribute to a diverse economy.
Johnsonville has an unemployment rate of 5.5%. The US average is 6.0%.
Johnsonville has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Johnsonville
- The Sales Tax Rate for Johnsonville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Johnsonville 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 Johnsonville
- The average income of a Johnsonville resident is $28,481 a year. The US average is $28,555 a year.
- The Median household income of a Johnsonville resident is $67,344 a year. The US average is $69,021 a year.