Jenkins township, MN Economy


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Jenkins township, MN is a small rural town nestled in the heart of Minnesota. It is home to around 300 people and provides them with a peaceful and laid-back lifestyle. The cost of living is relatively low compared to the US average. For example, rent for a two-bedroom apartment is only $950 as opposed to the US average of $1,430. Additionally, grocery costs are cheaper too with an index score of 98 compared to the US average of 100.
The town offers its residents various local businesses such as Jenkins Hardware Store which has been family-owned and operated since 1989, Welcome Groceries & Deli for all your fresh produce needs and Jack's Auto Repair centre which provides exceptional repair services. The town also contains several churches including St. Mary's Church, The Church of Jesus Christ of Latter Day Saints and Trinity Methodist Church for residents' religious needs. All in all Jenkins township offers a great place to live at an affordable price with plenty of resources available at your fingertips.

Jenkins township has an unemployment rate of 6.0%. The US average is 6.0%.

Jenkins township 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 township
- The Sales Tax Rate for Jenkins township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Jenkins 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 Jenkins township
- The average income of a Jenkins township resident is $33,779 a year. The US average is $28,555 a year.
- The Median household income of a Jenkins township resident is $64,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJenkins township, MinnesotaUnited States
  66
  -2.9%-6.2%
  42.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,157$37,638
  $64,917$69,021
  $87,250$85,028
  Population by Occupation
  5.5%1.2%
  0.0%0.5%
  10.4%6.8%
  9.8%10.0%
  3.3%2.5%
  4.9%11.0%
  1.6%4.8%
  0.0%0.8%
  2.2%1.9%
  16.4%4.7%
  0.5%1.9%
  2.7%7.6%
  0.0%0.1%
  1.1%4.2%
  7.7%9.3%
  14.8%14.0%
  1.1%2.1%
  6.6%7.0%
  8.7%4.8%
  2.7%4.7%
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