Jenkins, MN is a small city located in Minnesota with a population of just under 1,000 people. It is known for its proximity to many popular lakes and rivers, making it an ideal spot for outdoor recreation. Jenkins is also home to several local companies such as J&G Plumbing and Electrical Services, Jeff's Auto Repair and Body Shop, and Rocky's Lawnmower Sales & Services. The cost of living in Jenkins is significantly lower than the national average. For example, the median two-bedroom rent price in Jenkins is $950 compared to the US median of $1,430. Additionally, the grocery cost index in Jenkins is much lower at 97 compared to 100 in the US. Therefore, Jenkins can be an affordable place to live while maintaining access to amenities associated with larger cities nearby.
Jenkins has an unemployment rate of 6.0%. The US average is 6.0%.
Jenkins has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Jenkins
- The Sales Tax Rate for Jenkins is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Jenkins 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 Jenkins
- The average income of a Jenkins resident is $23,009 a year. The US average is $28,555 a year.
- The Median household income of a Jenkins resident is $54,500 a year. The US average is $69,021 a year.