Kanabec, MN County is a great place to live for those looking for an affordable lifestyle. The two bedroom rent for a property in the county is just $970 compared to the US average of $1,430, making living here much more economical. The grocery cost index in Kanabec, MN is 97 versus 100 in the US, making this area even more budget-friendly. There are plenty of local businesses that make this county a great place to live. Popular companies and businesses include Munson River Valley Implement (a farm equipment dealership), Corcoran Hardware & Supplies (a home improvement store), and Lakes State Bank (a financial institution). All these establishments make Kanabec, MN County an attractive place to call home.
Kanabec County has an unemployment rate of 8.8%. The US average is 6.0%.
Kanabec County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Kanabec County
- The Sales Tax Rate for Kanabec County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kanabec County 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 Kanabec County
- The average income of a Kanabec County resident is $22,705 a year. The US average is $28,555 a year.
- The Median household income of a Kanabec County resident is $60,982 a year. The US average is $69,021 a year.