Zip 56733 (Kennedy, MN) Economy


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United States / Minnesota / No Metro Area / Kittson County / Kennedy / Kennedy (zip 56733)
56733 Kennedy, MN is an ideal place for people looking for an affordable rental. Located in the heart of town, it is only a short drive away from local businesses such as East Mason County Hospital, Benson's Family Market and the State Bank of Kennedy. The two bedroom apartment available here has a rent of $750 per month, which is well below the US average at $1,430. Plus, with a Grocery Cost Index of 92 versus 100 in the US, you can save money on your meals as well! With its low prices and close proximity to local amenities, 56733 Kennedy is a great option for anyone seeking an affordable rental.

Kennedy (zip 56733) has an unemployment rate of 4.0%. The US average is 6.0%.

Kennedy (zip 56733) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Kennedy (zip 56733)
- The Sales Tax Rate for Kennedy (zip 56733) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kennedy (zip 56733) 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 Kennedy (zip 56733)
- The average income of a Kennedy (zip 56733) resident is $31,482 a year. The US average is $28,555 a year.
- The Median household income of a Kennedy (zip 56733) resident is $68,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKennedy, MinnesotaUnited States
  46
  0.7%-6.2%
  18.6%33.5%
  6.9%6.2%
  7.1%4.6%
  $36,246$37,638
  $68,750$69,021
  $82,188$85,028
  Population by Occupation
  24.5%1.2%
  0.0%0.5%
  3.1%6.8%
  5.6%10.0%
  3.1%2.5%
  10.2%11.0%
  4.1%4.8%
  1.0%0.8%
  0.0%1.9%
  0.5%4.7%
  1.0%1.9%
  0.5%7.6%
  0.0%0.1%
  3.1%4.2%
  12.8%9.3%
  10.2%14.0%
  0.0%2.1%
  8.7%7.0%
  9.2%4.8%
  2.6%4.7%
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