Vining, MN Economy


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Vining, MN is a small town with an estimated population of 578 people. It is located in the state of Minnesota and has a cozy atmosphere. The 2 bedroom rent in this area is quite affordable at $890, which is relatively much lower than the US average rent of $1,430. In addition to this benefit, Vining's Grocery Cost Index also stands out at 99 compared to the US average 100.
The town of Vining offers several amenities for its residents such as local companies like Wadena State Bank and Vining Lumber Company which have long served the community by providing exceptional services for many years. In addition to these businesses there are also several restaurants, parks and recreational activities available in the area making it an ideal place for families or individuals desiring affordable yet comfortable living. To sum up, Vining's cost of living makes it attractive for those who are on the lookout for a budget-friendly option when considering their next home destination.

Vining has an unemployment rate of 5.3%. The US average is 6.0%.

Vining has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Vining
- The Sales Tax Rate for Vining is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Vining 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 Vining
- The average income of a Vining resident is $20,629 a year. The US average is $28,555 a year.
- The Median household income of a Vining resident is $49,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVining, MinnesotaUnited States
  5.36
  -1.0%-6.2%
  34.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $20,826$37,638
  $49,167$69,021
  $59,375$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  21.4%6.8%
  14.3%10.0%
  7.1%2.5%
  21.4%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  14.3%14.0%
  0.0%2.1%
  21.4%7.0%
  0.0%4.8%
  0.0%4.7%
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