Dennison, MN is a thriving small town located in the heart of Minnesota. Home to many local businesses and amenities, Dennison is an ideal location for many living and working in the area. Residents enjoy access to many stores such as Walgreens, Target, Lowe's, Walmart Super Center and Costco. Additionally, there are several restaurants in town including Applebee's, Olive Garden, Firehouse Subs and Pizza Ranch. For entertainment options there is a movie theater nearby along with bowling alleys and plenty of parks for outdoor activities. Moreover, those looking for affordable living are in luck; two bedroom rents in Dennison are slightly lower than the national average at $1,410 compared to $1,430. Lastly residents enjoy low grocery costs which are around 102 versus the US average of 100. All this makes Dennison a prime destination to call home.
Dennison has an unemployment rate of 4.6%. The US average is 6.0%.
Dennison 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 Dennison
- The Sales Tax Rate for Dennison is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Dennison 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 Dennison
- The average income of a Dennison resident is $24,211 a year. The US average is $28,555 a year.
- The Median household income of a Dennison resident is $41,875 a year. The US average is $69,021 a year.