Cannon Falls township, MN is a beautiful rural area located in the southern part of Minnesota. It's known for its wide open spaces and many outdoor activities that take advantage of the natural beauty surrounding it. The area is home to many local businesses such as La Choy Asian Restaurant, New China Restaurant and Pizza Hut. Other amenities include golf courses, parks, lakes and hiking trails. The cost of living in Cannon Falls township is quite affordable compared to many other places in the US; specifically 2 bedroom rent costs $1,190 compared to the US average of $1,430 and the Grocery Cost Index is 100- the same as the national average. In addition to its affordability Cannon Falls township also offers a great quality of life with low crime rates and plenty of opportunities for an active lifestyle!
Cannon Falls township has an unemployment rate of 4.6%. The US average is 6.0%.
Cannon Falls township has seen the job market decrease by -4.1% 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 Cannon Falls township
- The Sales Tax Rate for Cannon Falls township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cannon Falls township 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 Cannon Falls township
- The average income of a Cannon Falls township resident is $39,390 a year. The US average is $37,638 a year.
- The Median household income of a Cannon Falls township resident is $73,500 a year. The US average is $69,021 a year.