Kenneth, MN (56147) is a small town located in the central part of the state with a population of about 860. It's known for its friendly atmosphere and wide range of local businesses. The 2 bedroom rent in Kenneth is much lower than the US average at $890, making it an affordable place to live for many people. The area also has a low grocery cost index, which is 93 compared to 100 in the US.
Local businesses that are popular in Kenneth include F&M Supermarket, Wapiti Sports Outfitters, Birkeland Brothers Grocery Store, and Douglas County Bank. Kenneth also provides plenty of recreational activities such as camping at Lake Christina State Park, golfing at Lakeview Country Club, and fishing on Roseau River. The city regularly hosts festivals and events throughout the year that bring people together from near and far. With its lower cost of living and array of local amenities, Kenneth is a great place to live or visit.
Kenneth (zip 56147) has an unemployment rate of 2.7%. The US average is 6.0%.
Kenneth (zip 56147) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Kenneth (zip 56147)
- The Sales Tax Rate for Kenneth (zip 56147) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kenneth (zip 56147) 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 Kenneth (zip 56147)
- The average income of a Kenneth (zip 56147) resident is $20,113 a year. The US average is $28,555 a year.
- The Median household income of a Kenneth (zip 56147) resident is $58,750 a year. The US average is $69,021 a year.