Cannon Falls, MN (55009) is a small town located in Goodhue County and has a population of 4,219. The average 2 bedroom rent in Cannon Falls is $1,140 which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Cannon Falls is 100 which matches that of the US.
The city offers a variety of things to do such as visiting local businesses like Quality Auto Repair and Interstate State Park. They also have popular eateries such as Cafe 28 and The 19th Hole Bar & Grill. In addition there are plenty of outdoor activities available such as golfing at Avalon Golf Course and hiking trails at St Croix Bluffs Regional Park. With so many things to do, it’s no wonder why so many people choose to call Cannon Falls home.
Cannon Falls (zip 55009) has an unemployment rate of 4.6%. The US average is 6.0%.
Cannon Falls (zip 55009) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Cannon Falls (zip 55009)
- The Sales Tax Rate for Cannon Falls (zip 55009) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cannon Falls (zip 55009) 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 Cannon Falls (zip 55009)
- The average income of a Cannon Falls (zip 55009) resident is $39,839 a year. The US average is $37,638 a year.
- The Median household income of a Cannon Falls (zip 55009) resident is $78,697 a year. The US average is $69,021 a year.