Minneiska, MN Economy


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Located in Wabasha County, Minneiska, MN is a small town with a population of about 200 people. Despite its size, Minneiska has much to offer for its residents. Local businesses such as Rapp's Bar & Grill, Jerry's Grocery Store, and Uncle Joe's Liquor Store provide a variety of goods and services for people in the community. The cost of living in Minneiska is relatively low compared to other parts of the country. For example, two bedroom rent averages $900 compared to the US average which is $1430. Similarly, grocery costs are 97 versus 100 in the US. This makes living in Minneiska an affordable option for those looking for an escape from city life.

Minneiska has an unemployment rate of 4.4%. The US average is 6.0%.

Minneiska 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 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Minneiska
- The Sales Tax Rate for Minneiska is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Minneiska 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 Minneiska
- The average income of a Minneiska resident is $34,977 a year. The US average is $28,555 a year.
- The Median household income of a Minneiska resident is $90,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinneiska, MinnesotaUnited States
  4.46
  -0.6%-6.2%
  28.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $41,917$37,638
  $90,000$69,021
  $105,714$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.6%6.8%
  26.1%10.0%
  0.0%2.5%
  7.2%11.0%
  1.4%4.8%
  0.0%0.8%
  0.0%1.9%
  2.9%4.7%
  1.4%1.9%
  4.3%7.6%
  0.0%0.1%
  0.0%4.2%
  10.1%9.3%
  21.7%14.0%
  0.0%2.1%
  1.4%7.0%
  11.6%4.8%
  0.0%4.7%
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