Kensington, ND is a charming small town located in the heart of North Dakota. Its population is approximately 500 people, and it’s the perfect place to find affordable housing. The average two bedroom rent here is $940 compared to the US average of $1,430, making it a great option for young professionals or families looking to save money. Additionally, Kensington has a very affordable grocery cost index rating of 93 compared to 100 in the US.
Kensington offers its residents many amenities such as local stores like Kensington Supermarket and KG's Electronics, as well as churches such as Our Lady of Guadalupe Catholic Church and Kensington Bible Church. There are also plenty of outdoor activities available at nearby parks and lakes. The town also hosts an annual festival every June known as “Kensington Days” which features live music, food vendors, and family friendly activities. All in all, Kensington is a great place to call home!
Kensington has an unemployment rate of 5.8%. The US average is 6.0%.
Kensington has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Kensington
- The Sales Tax Rate for Kensington is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Kensington is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kensington
- The average income of a Kensington resident is $43,335 a year. The US average is $28,555 a year.
- The Median household income of a Kensington resident is $62,031 a year. The US average is $69,021 a year.