Kenyon township, MN Economy


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Kenyon township, MN is a small community located in the Midwest. It has a population of around 4,000 residents and offers many amenities for its citizens. With an average two bedroom rent price of $960, Kenyon township is an affordable place to live. The local Grocery Cost Index is 97 versus 100 in the US, which means groceries are slightly cheaper than the national average. Local businesses offer a variety of services from automotive repair shops and hardware stores to restaurants and specialty stores. Residents enjoy access to public parks with playgrounds, trails for walking and biking, as well as recreational sports centers. Kenyon township provides a good quality of life to its residents at an affordable cost.

Kenyon township has an unemployment rate of 4.6%. The US average is 6.0%.

Kenyon township 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 Kenyon township
- The Sales Tax Rate for Kenyon township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kenyon 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 Kenyon township
- The average income of a Kenyon township resident is $35,290 a year. The US average is $28,555 a year.
- The Median household income of a Kenyon township resident is $83,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenyon township, MinnesotaUnited States
  4.66
  -4.1%-6.2%
  28.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,185$37,638
  $83,333$69,021
  $96,250$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  8.5%6.8%
  15.8%10.0%
  3.5%2.5%
  18.1%11.0%
  8.8%4.8%
  0.4%0.8%
  1.5%1.9%
  3.5%4.7%
  1.5%1.9%
  0.8%7.6%
  0.0%0.1%
  0.4%4.2%
  5.0%9.3%
  16.2%14.0%
  1.9%2.1%
  2.3%7.0%
  6.2%4.8%
  1.2%4.7%
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