The median household income for Knife River is $68,615, with 61 households and an average household size of 1.62.
Knife River, MN
The median household income for Knife River is $68,615, with 61 households and an average household size of 1.62.
The median value of a home in Knife River is $588,300 with an appreciation rate of 13.90%. 46.21% of housing in the state is owned while 0.00% is rented.
The cost of living in Knife River is 91.1 %.
The unemployment rate in Knife River is 4.20%, and recent job growth is at -5.05%. Future job growth is projected at 16.68%.
The sales tax rate in Knife River is 7.38%, while the income tax rate is 6.80% .
School expenditures in Knife River are $14,145, and the school ratio is 15:1.
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 0.8 degrees. The average rainfall is approximately 31.3 inches per year, with 70.2 inches of snow per year.