Kinyon, ND is a small town situated in the North Dakota region of the United States. The town has an estimated population of less than 1,000 people, making it a peaceful and quiet place to live. Rent for two-bedroom homes in Kinyon is much cheaper than the US average at $920 compared to $1,430 respectively. Grocery costs are also relatively low here with an index score of 98 while the US score is 100.
Kinyon's economy primarily encompasses agriculture due to its rural setting. Some local companies operating within this industry include Kinyon Farms and Kinyon Crop Services. Other services available in the area include Kinyon Motorcycle Shop, which provides repairs and maintenance for motorbikes; Kinyon Public Library; and Hardware Plus Store which stocks hardware supplies from gardening tools to home appliances. With its low cost of living and affordable housing prices, Kinyon is a great option for those looking for a quiet place to settle down with plenty of local amenities nearby.
Kinyon has an unemployment rate of 3.8%. The US average is 6.0%.
Kinyon has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Kinyon
- The Sales Tax Rate for Kinyon is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Kinyon 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 Kinyon
- The average income of a Kinyon resident is $36,462 a year. The US average is $28,555 a year.
- The Median household income of a Kinyon resident is $64,141 a year. The US average is $69,021 a year.