Worthington, MN is a small town located in the southwestern corner of Minnesota. Known for its affordable cost of living and diverse range of industries, Worthington is an ideal destination for families or young professionals. The median 2 bedroom rent in Worthington is $920 compared to the national average of $1,430. In addition, the Grocery Cost Index in Worthington is 97 compared to 100 in the US, making it a great place to save on groceries. The city has a number of thriving local businesses, such as Gordy's County Market which offers fresh produce and products at competitive prices, and Gluek Brewing Company which brews traditional German beer styles on-site. Other popular local establishments include Valu Thrift Store and Duluth Trading Co., both offering discounted apparel and home goods for residents.
Worthington has an unemployment rate of 3.7%. The US average is 6.0%.
Worthington has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Worthington
- The Sales Tax Rate for Worthington is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Worthington 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 Worthington
- The average income of a Worthington resident is $19,818 a year. The US average is $28,555 a year.
- The Median household income of a Worthington resident is $52,153 a year. The US average is $69,021 a year.