Wang, MN is a small city located in the Midwest. It is home to a variety of local businesses such as ABC Furniture, Hanson's Hardware Store, and Wang Market. The cost of living in Wang is fairly affordable with 2-bedroom rentals averaging $820 per month and grocery cost index at 93 versus 100 in the US. Additionally, Wang offers plenty of outdoor activities for its citizens such as hiking trails, fishing spots, and parks. There are also many local restaurants that serve traditional Midwestern dishes made with fresh ingredients from local farmers. Overall, Wang provides an ideal setting for families looking for an affordable place to live with lots of culture and activities close by.
Wang has an unemployment rate of 5.9%. The US average is 6.0%.
Wang has seen the job market increase by 6.7% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Wang
- The Sales Tax Rate for Wang is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wang 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 Wang
- The average income of a Wang resident is $29,438 a year. The US average is $28,555 a year.
- The Median household income of a Wang resident is $85,250 a year. The US average is $69,021 a year.