Koochiching County is home to several businesses and industries including Northern Steel and Supply Co., North Star Processing Solutions LLC, and Cedar Fencing Ltd. With its lower housing costs and consumer prices, Koochiching County offers its residents a high quality of life at an affordable price tag.
Koochiching County has an unemployment rate of 5.7%. The US average is 6.0%.
Koochiching County 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 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Koochiching County
- The Sales Tax Rate for Koochiching County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Koochiching 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 Koochiching County
- The average income of a Koochiching County resident is $24,993 a year. The US average is $28,555 a year.
- The Median household income of a Koochiching County resident is $54,708 a year. The US average is $69,021 a year.