Kimball, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Kimball, MN is a small rural town located in Stearns County of Minnesota. It is home to roughly 1,300 people and is a great place to live for those looking for peaceful living with minimal hustle and bustle of city life. The average rent for a two bedroom apartment in Kimball is only $820 which is significantly lower than the national average of $1,430. Furthermore, the grocery cost index in Kimball is 99 versus 100 nationally, meaning food costs are typically slightly lower than other parts of the country as well.
Kimball also has local businesses that residents can support such as “Ace Hardware”, “Pete's Tire and Service Center”, and “Country Market” which provides fresh locally grown fruits and vegetables. There are also several golf courses for locals to enjoy such as Green Meadow Golf Course or Robbins Island Park & Beach which are both popular tourist attractions in the summertime. All in all, Kimball offers some great amenities at an affordable cost of living that makes it an ideal place to live for those seeking a quiet lifestyle away from big cities.

Kimball has an unemployment rate of 4.7%. The US average is 6.0%.

Kimball has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Kimball
- The Sales Tax Rate for Kimball is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Kimball 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 Kimball
- The average income of a Kimball resident is $20,518 a year. The US average is $28,555 a year.
- The Median household income of a Kimball resident is $67,841 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKimball, MinnesotaUnited States
  4.76
  -2.4%-6.2%
  33.8%33.5%
  7.1%6.2%
  7.1%4.6%
  $31,053$37,638
  $67,841$69,021
  $82,292$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  12.9%6.8%
  10.8%10.0%
  2.8%2.5%
  14.3%11.0%
  6.8%4.8%
  0.7%0.8%
  1.4%1.9%
  3.7%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  3.5%4.2%
  7.3%9.3%
  15.0%14.0%
  0.9%2.1%
  4.7%7.0%
  8.4%4.8%
  3.5%4.7%
Health
Compare Kimball, MN
cost of living
Compare food, housing, utilities, and more in Kimball, Minnesota to any other city in the US.