Dewald, MN Economy


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Dewald, MN is a small town with an abundance of natural beauty. It is located in the heart of Minnesota and offers a relaxed atmosphere with plenty to do. Local companies include Kmart, Walmart, Panda Express, McDonald’s, and Dairy Queen. Compared to the US average, 2 Bedroom Rent in Dewald, MN is $910 while the US 2 Bedroom Rent is $1,430. The Grocery Cost Index in Dewald is 96 versus 100 in the US showing that it offers great value for groceries.

Dewald has an unemployment rate of 3.7%. The US average is 6.0%.

Dewald has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Dewald
- The Sales Tax Rate for Dewald is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Dewald 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 Dewald
- The average income of a Dewald resident is $32,326 a year. The US average is $28,555 a year.
- The Median household income of a Dewald resident is $69,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDewald, MinnesotaUnited States
  3.76
  2.2%-6.2%
  22.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $30,294$37,638
  $69,375$69,021
  $91,250$85,028
  Population by Occupation
  15.7%1.2%
  0.0%0.5%
  2.9%6.8%
  12.7%10.0%
  2.0%2.5%
  12.7%11.0%
  6.9%4.8%
  0.0%0.8%
  0.0%1.9%
  1.0%4.7%
  1.0%1.9%
  5.9%7.6%
  0.0%0.1%
  2.0%4.2%
  3.9%9.3%
  15.7%14.0%
  1.0%2.1%
  10.8%7.0%
  5.9%4.8%
  0.0%4.7%
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