Wirt, MN Economy


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United States / Minnesota / No Metro Area / Itasca County / Wirt / Zip Codes
Wirt, MN is a small town that offers a tranquil lifestyle for its residents. Most of the local businesses are family owned and operated, including Wirt Veterinary Clinic, Wirt Fuel & Lumber Co., Big Muddy Outfitters and more. When it comes to living costs in Wirt, MN they are lower than the US average. For example, the average cost of rent for a two bedroom home in Wirt is $940 versus the US average of $1430. Additionally, grocery costs are also lower with an index of 95 compared to 100 in the US. This makes living in Wirt an attractive prospect for those on a budget looking for a peaceful atmosphere to call home.

Wirt has an unemployment rate of 6.2%. The US average is 6.0%.

Wirt has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Wirt
- The Sales Tax Rate for Wirt is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wirt 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 Wirt
- The average income of a Wirt resident is $31,027 a year. The US average is $28,555 a year.
- The Median household income of a Wirt resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWirt, MinnesotaUnited States
  6.26
  -1.9%-6.2%
  20.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,099$37,638
  $58,750$69,021
  $71,250$85,028
  Population by Occupation
  13.3%1.2%
  0.0%0.5%
  0.0%6.8%
  6.7%10.0%
  13.3%2.5%
  20.0%11.0%
  20.0%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%
  6.7%4.2%
  6.7%9.3%
  13.3%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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