Kenyon, Minnesota (55946) is a vibrant city located just outside of the Twin Cities in Goodhue County. The town is known for its friendly population, and its cost of living is quite affordable -- two bedroom rent is only $990 per month compared to the US average of $1,430. Grocery costs are even more attractive in Kenyon with an index score of 97 compared to 100 US-wide.
Kenyon's economy benefits from many local companies such as Viking Coca-Cola Bottling Company and Jensen Pipe Supply. Food options range from traditional American fare to classic Scandinavian specialties like krumkake and lefse. Popular attractions include the Cannon Valley Trail for biking and hiking lovers and historic downtowns with unique boutiques and antique shops.
Kenyon (zip 55946) has an unemployment rate of 4.6%. The US average is 6.0%.
Kenyon (zip 55946) 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 Kenyon (zip 55946)
- The Sales Tax Rate for Kenyon (zip 55946) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Kenyon (zip 55946) 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 Kenyon (zip 55946)
- The average income of a Kenyon (zip 55946) resident is $33,714 a year. The US average is $37,638 a year.
- The Median household income of a Kenyon (zip 55946) resident is $70,234 a year. The US average is $69,021 a year.