In Kent, Minnesota (ZIP code 56553), the average 2 bedroom rent is $800, which is much lower than the US average of $1430. The Grocery Cost Index in this area is 95 versus 100 in the US, making it relatively more affordable for groceries as well. Companies like Wal-Mart and Aldi offer groceries at reasonable prices while Target and Kohl’s can be a great option for clothes shopping. For restaurant outings, Bob & Joe's Diner and Luigi's Italian Restaurant are popular options that provide good quality food at reasonable prices.
Kent (zip 56553) has an unemployment rate of 4.1%. The US average is 6.0%.
Kent (zip 56553) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Kent (zip 56553)
- The Sales Tax Rate for Kent (zip 56553) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kent (zip 56553) 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 Kent (zip 56553)
- The average income of a Kent (zip 56553) resident is $28,742 a year. The US average is $28,555 a year.
- The Median household income of a Kent (zip 56553) resident is $57,011 a year. The US average is $69,021 a year.