McKinnon, ND is a small town located in the northwest corner of the state. It offers a lower cost of living with a two-bedroom rent average of $670, which is about 54% cheaper than the US average. The grocery cost index for McKinnon is 92 compared to 100 in the US overall. This makes McKinnon an affordable place to live and raise a family. The town also provides plenty of job opportunities at local businesses such as McQuinn Farms, Bennett's Auto Repair and Maintenance, and Wulfs Bar & Grill. These establishments have been around for generations, providing goods and services to the community for years.
McKinnon has an unemployment rate of 3.1%. The US average is 6.0%.
McKinnon 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 26.2%, which is lower than the US average of 33.5%.
Tax Rates for McKinnon
- The Sales Tax Rate for McKinnon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for McKinnon 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 McKinnon
- The average income of a McKinnon resident is $14,763 a year. The US average is $37,638 a year.
- The Median household income of a McKinnon resident is $0 a year. The US average is $69,021 a year.