Kinney, MN Economy


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Kinney, MN is a small town located in the state of Minnesota. It has an affordable cost of living, with two bedroom rent costing just $960, far below the national average of $1,430. Grocery costs are similarly low, with a grocery cost index of 91 compared to 100 nationally. Kinney is home to several local businesses and organizations such as Jims Auto Repair and Johnson Bakery. The town also hosts community events like the Kinney Fall Festival and the June Fest Parade each year. Residents enjoy this close-knit community and its many amenities.

Kinney has an unemployment rate of 4.8%. The US average is 6.0%.

Kinney 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 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Kinney
- The Sales Tax Rate for Kinney is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Kinney 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 Kinney
- The average income of a Kinney resident is $25,063 a year. The US average is $28,555 a year.
- The Median household income of a Kinney resident is $46,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKinney, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $22,196$37,638
  $46,250$69,021
  $57,500$85,028
  Population by Occupation
  0.0%1.2%
  3.6%0.5%
  7.3%6.8%
  9.1%10.0%
  0.0%2.5%
  10.9%11.0%
  3.6%4.8%
  1.8%0.8%
  1.8%1.9%
  1.8%4.7%
  0.0%1.9%
  0.0%7.6%
  3.6%0.1%
  0.0%4.2%
  0.0%9.3%
  23.6%14.0%
  0.0%2.1%
  20.0%7.0%
  1.8%4.8%
  10.9%4.7%
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