Waskish, MN Economy


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Waskish, MN is a small town located in the northern part of the state. It is known for its picturesque landscape and outdoor activities such as fishing, hunting and boating. The cost of living in Waskish is relatively low compared to other towns in Minnesota; 2 bedroom rent is $1,050 compared to the US average of $1,430. Additionally, grocery cost index in Waskish is 94 versus 100 in the US which makes it more affordable for residents.
The town has many local businesses that are well-known around the area. Popular establishments include Waskish Grocery Store, Carlson's Hardware Store and Waskish Cafe & Bakery. There are also several specialty stores such as Lake Country Décor & Gifts as well as Robinson's Sporting Goods Shop.
Overall, Waskish is an ideal place to live due to its affordability and idyllic location. Residents can enjoy all of the natural beauty of northern Minnesota without having to worry about spending too much money on rent or groceries. There are plenty of local businesses that provide services or goods that can accommodate any type of lifestyle.

Waskish has an unemployment rate of 5.1%. The US average is 6.0%.

Waskish has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Waskish
- The Sales Tax Rate for Waskish is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Waskish 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 Waskish
- The average income of a Waskish resident is $26,455 a year. The US average is $28,555 a year.
- The Median household income of a Waskish resident is $87,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaskish, MinnesotaUnited States
  5.16
  -0.2%-6.2%
  29.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $38,127$37,638
  $87,500$69,021
  $88,194$85,028
  Population by Occupation
  34.0%1.2%
  0.0%0.5%
  4.0%6.8%
  2.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  8.0%9.3%
  4.0%14.0%
  4.0%2.1%
  28.0%7.0%
  0.0%4.8%
  16.0%4.7%
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