Kasson, MN Economy


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Kasson, MN is a small city located in southern Minnesota. Despite its size, Kasson offers many amenities to its residents including local businesses such as the Kasson-Mantorville Public Schools, the Dodge County Historical Society, and Sanford Health Clinics. Additionally, Kasson boasts an affordable cost of living with a 2 bedroom rental rate of $970 compared to the US average of $1,430 and a Grocery Cost Index at 99 versus 100 in the US. All in all, residents of Kasson enjoy the convenience of a smaller city with more affordable housing costs than many other places around the country.

Kasson has an unemployment rate of 4.9%. The US average is 6.0%.

Kasson has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.

Tax Rates for Kasson
- The Sales Tax Rate for Kasson is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kasson 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 Kasson
- The average income of a Kasson resident is $26,859 a year. The US average is $28,555 a year.
- The Median household income of a Kasson resident is $84,122 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKasson, MinnesotaUnited States
  4.96
  -0.8%-6.2%
  30.4%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,194$37,638
  $84,122$69,021
  $105,069$85,028
  Population by Occupation
  1.0%1.2%
  0.5%0.5%
  9.4%6.8%
  10.3%10.0%
  2.2%2.5%
  8.1%11.0%
  2.6%4.8%
  0.7%0.8%
  2.3%1.9%
  0.7%4.7%
  1.9%1.9%
  3.8%7.6%
  0.0%0.1%
  2.8%4.2%
  10.0%9.3%
  30.8%14.0%
  0.0%2.1%
  6.8%7.0%
  3.4%4.8%
  3.0%4.7%
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