Wolverton Township, MN is a small town located in the midwestern United States. It is known for its affordable cost of living, evidenced by the fact that two bedroom rent is $960 compared to the US average of $1,430. The grocery cost index in Wolverton township is 99 versus 100 in the US, making it an attractive place to live for those looking for affordable costs. There are a few local companies operating in Wolverton township such as Bob's General Store which offers everyday items and essentials at great prices. There's also Smith's Dairy where people can purchase fresh dairy products like milk, cream cheese, and butter at low prices. Finally, Kiznak Insurance provides insurance services catering to individuals and businesses alike. All these companies provide residents of Wolverton township with goods and services at reasonable prices helping to make it an attractive place to live.
Wolverton township has an unemployment rate of 4.1%. The US average is 6.0%.
Wolverton township has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Wolverton township
- The Sales Tax Rate for Wolverton township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wolverton township 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 Wolverton township
- The average income of a Wolverton township resident is $38,632 a year. The US average is $28,555 a year.
- The Median household income of a Wolverton township resident is $138,000 a year. The US average is $69,021 a year.