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Kandota, MN Economy


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Kandota, MN is a small town located in Minnesota with a population of around 9,000 people. It is known for its rural setting and close-knit community. Residents enjoy the peaceful atmosphere and reasonable cost of living. The average 2 bedroom rent in Kandota, MN is $850 compared to the US average of $1,430 per month. The grocery cost index in Kandota is 97 which is lower than the national average.
Kandota offers plenty of shopping and dining options such as Walgreens Pharmacy, Family Dollar, and McDonalds. There are many local businesses that make up the small town charm including Action PC Repair, Kandota Auto Care Center, and Serendipity Boutique. With its low cost of living and accommodating amenities, it鈥檚 no wonder why so many people are drawn to this charming town.

Kandota has an unemployment rate of 5.4%. The US average is 6.0%.

Kandota has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Kandota
- The Sales Tax Rate for Kandota is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Kandota is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Kandota
- The average income of a Kandota resident is $37,126 a year. The US average is $37,638 a year.
- The Median household income of a Kandota resident is $81,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKandota, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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