Jessenland, MN is a vibrant small town located in the Midwest region of the United States. It has a population of about 8,000 people and boasts a variety of local businesses. Some prominent companies in Jessenland are Jessenland Motors, Refresh Diner, and Franklin Market. The cost of living in Jessenland is fairly low compared to other towns in the US. According to recent census data, rent for 2 bedroom apartments is approximately $1,300 which is significantly cheaper than the average US rate of $1,430. Additionally, grocery prices are also lower in Jessenland compared to those found across the country with an index rating of 100 versus 100 in the US. All this makes Jessenland a great place to live for those who can appreciate its history and unique atmosphere.
Jessenland has an unemployment rate of 5.3%. The US average is 6.0%.
Jessenland has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Jessenland
- The Sales Tax Rate for Jessenland is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Jessenland 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 Jessenland
- The average income of a Jessenland resident is $47,472 a year. The US average is $37,638 a year.
- The Median household income of a Jessenland resident is $106,071 a year. The US average is $69,021 a year.