Kandiyohi, MN is a small town in Minnesota noted for its affordability. Rent for a two bedroom home is about $840 per month, making it significantly cheaper than the national average of $1430. Grocery costs in Kandiyohi are also lower than the US average index of 100, at 96. The area is home to several local businesses such as Pete's Produce Market which provides fresh produce and dairy products, and Skoglund Artistry which offers custom woodworking services. There are also numerous recreational amenities located nearby such as Lake Elizabeth with its many hiking trails and fishing spots, plus Willmar City Park with its playgrounds and picnic areas.
Kandiyohi has an unemployment rate of 4.9%. The US average is 6.0%.
Kandiyohi has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Kandiyohi
- The Sales Tax Rate for Kandiyohi is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kandiyohi 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 Kandiyohi
- The average income of a Kandiyohi resident is $20,879 a year. The US average is $28,555 a year.
- The Median household income of a Kandiyohi resident is $64,750 a year. The US average is $69,021 a year.