Lake Wilson, MN is a small town located in the Midwest region of the US. It has a population of just over 800 people and is known for its rural charm. Rent for a two-bedroom home in Lake Wilson is much lower than the national average, making it an attractive option for those looking to save money. The cost of groceries is also relatively low, with the grocery cost index at 95 compared to the national average of 100. \nThe town also has plenty to offer in terms of entertainment and recreation: Lake Wilson itself is a popular spot for fishing and camping, while nearby towns such as Canby provide shopping centers with local businesses like Valley West Mall, Lake Wilson Floral & Gifts, and The Farmers Co-op. Many outdoor activities can be found in nearby parks such as Kelleher Park and Lake Wilson Wildlife Management Area.
Lake Wilson has an unemployment rate of 6.4%. The US average is 6.0%.
Lake Wilson has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Lake Wilson
- The Sales Tax Rate for Lake Wilson is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Wilson 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 Lake Wilson
- The average income of a Lake Wilson resident is $28,581 a year. The US average is $28,555 a year.
- The Median household income of a Lake Wilson resident is $59,750 a year. The US average is $69,021 a year.