Kertsonville, MN Economy


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Kertsonville, MN is a quaint small town with an inviting atmosphere. It is known for its friendly locals and beautiful landscapes. The cost of living in Kertsonville is relatively low compared to the US average, as median rent for a two bedroom is only $800 per month compared to the US average of $1,430. Additionally, the grocery cost index in Kertsonville is 96 versus 100 in the US. There are also many local businesses that contribute to the economy such as Bob's Grocery Store, Jane's Cafe, and Kertsonville Antiques. All these factors make Kertsonville an attractive place to live due to its lower cost of living and vibrant community.

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

Kertsonville has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Kertsonville
- The Sales Tax Rate for Kertsonville is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Kertsonville 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 Kertsonville
- The average income of a Kertsonville resident is $35,526 a year. The US average is $28,555 a year.
- The Median household income of a Kertsonville resident is $90,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKertsonville, MinnesotaUnited States
  4.96
  -3.4%-6.2%
  24.2%33.5%
  7.1%6.2%
  7.1%4.6%
  $53,866$37,638
  $90,000$69,021
  $86,250$85,028
  Population by Occupation
  13.0%1.2%
  0.0%0.5%
  8.7%6.8%
  17.4%10.0%
  13.0%2.5%
  0.0%11.0%
  8.7%4.8%
  4.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.3%9.3%
  26.1%14.0%
  0.0%2.1%
  0.0%7.0%
  4.3%4.8%
  0.0%4.7%
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