Kerkhoven, MN is a small town located in Minnesota. It is an attractive place to live due to its affordable 2 bedroom rent of $810 compared to the US average of $1,430. The grocery cost index in Kerkhoven is also lower than the national average, making food more affordable for residents. This small town is home to several local businesses such as Kerkhoven Markets, Schwartz Hardware and Plumbing Services, and Hovland Construction. These family owned stores all serve the community and provide quality products at competitive prices.
Kerkhoven has an unemployment rate of 5.6%. The US average is 6.0%.
Kerkhoven has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Kerkhoven
- The Sales Tax Rate for Kerkhoven is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kerkhoven 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 Kerkhoven
- The average income of a Kerkhoven resident is $24,547 a year. The US average is $37,638 a year.
- The Median household income of a Kerkhoven resident is $46,806 a year. The US average is $69,021 a year.