Kenyon, MN Economy


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Kenyon, MN is a quaint town located in south-central Minnesota. It is home to around 1,500 people and offers a peaceful escape from busy city life. The cost of living in Kenyon is notably lower than the US average, with 2 bedroom rent being only $960 compared to a national average of $1,430. Grocery costs in Kenyon are also cheaper than the national average, with an index of 97 compared to 100 for the US overall. In Kenyon, there are many popular attractions and businesses that add to the charm of this small town. There is the Sallee Family Farms which features hayrides through its pumpkin patch and corn maze every fall as well as an ice cream stand. For those who enjoy outdoor activities, Lake Orono State Park offers swimming, boating, fishing and more. Other local companies include Kenyon Veterinary Clinic and Kenyon Automotive Repair & Service. The pleasant atmosphere of Kenyon makes it a great place to live or visit for anyone looking for an affordable and tranquil small town experience.

Kenyon has an unemployment rate of 4.6%. The US average is 6.0%.

Kenyon has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Kenyon
- The Sales Tax Rate for Kenyon is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kenyon 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 Kenyon
- The average income of a Kenyon resident is $25,079 a year. The US average is $28,555 a year.
- The Median household income of a Kenyon resident is $60,781 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenyon, MinnesotaUnited States
  4.66
  -4.1%-6.2%
  28.0%33.5%
  7.4%6.2%
  7.1%4.6%
  $28,824$37,638
  $60,781$69,021
  $79,028$85,028
  Population by Occupation
  2.3%1.2%
  1.7%0.5%
  8.1%6.8%
  17.4%10.0%
  2.6%2.5%
  7.1%11.0%
  5.4%4.8%
  0.0%0.8%
  1.3%1.9%
  1.8%4.7%
  0.8%1.9%
  3.5%7.6%
  0.0%0.1%
  5.5%4.2%
  11.0%9.3%
  13.8%14.0%
  2.8%2.1%
  6.8%7.0%
  4.8%4.8%
  3.2%4.7%
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