Wrenshall, MN is a small rural town located in Carlton County. Despite its size, Wrenshall has a lot to offer its residents. The cost of living is quite low compared to the US; for example, the rent for a two bedroom apartment is $1,320 while it is $1,430 throughout the US. Additionally, the grocery cost index in Wrenshall is 98 versus 100 in the US. There are several local companies that call Wrenshall home such as Lake Country Power and Pine Valley Golf Club. All in all, Wrenshall MN offers low costs of living and plenty of opportunities to find employment.
Wrenshall has an unemployment rate of 5.3%. The US average is 6.0%.
Wrenshall has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Wrenshall
- The Sales Tax Rate for Wrenshall is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Wrenshall 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 Wrenshall
- The average income of a Wrenshall resident is $24,254 a year. The US average is $28,555 a year.
- The Median household income of a Wrenshall resident is $86,750 a year. The US average is $69,021 a year.