Tenhassen, MN is a great place to live with plenty of local amenities. The town has a lower cost of living than the US average, with a two bedroom rent of only $780, compared to the national average of $1,430. Not only is this more affordable housing, but groceries are also much cheaper in Tenhassen at 93 on the Grocery Cost Index compared to 100 nationally. There are plenty of opportunities for shopping and entertainment as well. Local companies such as Tenhassen Tire & Auto Repair and Tenhassen Landscaping provide excellent services to the town's residents, and there are also multiple parks located within city limits for leisure activities. With so much to offer, it's no wonder why Tenhassen is a great place to call home.
Tenhassen has an unemployment rate of 4.3%. The US average is 6.0%.
Tenhassen has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Tenhassen
- The Sales Tax Rate for Tenhassen is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Tenhassen 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 Tenhassen
- The average income of a Tenhassen resident is $33,944 a year. The US average is $28,555 a year.
- The Median household income of a Tenhassen resident is $51,250 a year. The US average is $69,021 a year.