Wing River, MN is an affordable place to live, with a 2-bedroom rent of $820 compared to the US average of $1,430. Grocery prices in Wing River are also relatively inexpensive, with an index of 94 compared to 100 in the US. The city is home to several local companies such as Alpha Industries, an engineering firm; R&R Auto Care, a car repair shop; and Kluger Printing, a printing company. Residents of Wing River enjoy easy access to all these services while still keeping their budget in check.
Wing River has an unemployment rate of 6.9%. The US average is 6.0%.
Wing River has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 4.3%, which is lower than the US average of 33.5%.
Tax Rates for Wing River
- The Sales Tax Rate for Wing River is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wing River 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 Wing River
- The average income of a Wing River resident is $26,995 a year. The US average is $28,555 a year.
- The Median household income of a Wing River resident is $47,344 a year. The US average is $69,021 a year.