Wanamingo township, MN is a great place for those looking to save money on housing and other expenses. The average 2 bedroom rent in Wanamingo township is $930 which is quite a bit lower than the US average of $1,430. This makes the town a great option for those looking to live on a budget. Furthermore, grocery costs in Wanamingo are 97 compared to 100 in the US - an additional bonus of living in this charming town. The main employers in this area include Johnson's Oil Company, M&M Tool and Machine Inc., Ermco Inc., and Walco Electric Co. All of these companies provide reliable jobs that can help residents maintain their lifestyle with its lower cost of living. Thus, Wanamingo Township offers a unique opportunity to live comfortably while still enjoying close proximity to larger cities.
Wanamingo township has an unemployment rate of 4.6%. The US average is 6.0%.
Wanamingo township has seen the job market increase by 0.7% 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 Wanamingo township
- The Sales Tax Rate for Wanamingo township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wanamingo township 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 Wanamingo township
- The average income of a Wanamingo township resident is $35,022 a year. The US average is $28,555 a year.
- The Median household income of a Wanamingo township resident is $76,324 a year. The US average is $69,021 a year.