Keystone, MN Economy


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Keystone, Minnesota is a small town located in the United States. It is home to a variety of businesses such as Keystone Foods, Keystone Automotive Industries, Inc., and CVS Pharmacy. The cost of living in Keystone is considerably lower than the average US city. Rent for a two bedroom apartment in Keystone is $810, which is $620 less per month than the US average of $1430. Additionally, the grocery cost index in Keystone is 99 compared to 100 in the US, indicating slightly cheaper groceries.

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

Keystone has seen the job market decrease by -3.4% 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 Keystone
- The Sales Tax Rate for Keystone is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Keystone 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 Keystone
- The average income of a Keystone resident is $32,042 a year. The US average is $37,638 a year.
- The Median household income of a Keystone resident is $83,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeystone, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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