White Oak, MN Economy


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United States / Minnesota / No Metro Area / Hubbard County / White Oak / Zip Codes
White Oak, MN is a small city located in the north-eastern region of Minnesota. It is known for its beautiful natural landscapes and affords residents with an array of amenities such as two bedroom rent of $890, which is much lower than the US average of $1,430, and a grocery cost index that is just one percent lower than the national average. The city is also home to many local businesses such as White Oak Trading Company, Northwood General Store, Cupola House Antiques & Auctions and Farmland Supply Co., all of which offer unique goods and services to residents.

White Oak has an unemployment rate of 6.1%. The US average is 6.0%.

White Oak has seen the job market increase by 6.6% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.

Tax Rates for White Oak
- The Sales Tax Rate for White Oak is 7.4%. The US average is 7.3%.
- The Income Tax Rate for White Oak 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 White Oak
- The average income of a White Oak resident is $21,721 a year. The US average is $28,555 a year.
- The Median household income of a White Oak resident is $54,474 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhite Oak, MinnesotaUnited States
  6.16
  -2.5%-6.2%
  45.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $32,851$37,638
  $54,474$69,021
  $66,310$85,028
  Population by Occupation
  6.8%1.2%
  0.0%0.5%
  0.0%6.8%
  7.4%10.0%
  0.0%2.5%
  9.5%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  2.0%1.9%
  4.7%7.6%
  0.0%0.1%
  14.2%4.2%
  16.9%9.3%
  23.0%14.0%
  2.7%2.1%
  9.5%7.0%
  2.0%4.8%
  1.4%4.7%
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