Waasa, MN is a small city located in the northern part of the United States. It is known for being a peaceful area to live with amazing natural scenery. The cost of living in Waasa is relatively low compared to other areas in the US. For example, 2 bedroom rent averages at $1,400 versus the national average of $1,430. Additionally, grocery costs are 94 when compared to the US index of 100. Popular local companies in Waasa include Waasa Machine Shop, Metzger Specialty Company and Xcel Energy. These companies provide valuable services to residents and businesses within the community and help make Waasa a great place to work and live.
Waasa has an unemployment rate of 4.8%. The US average is 6.0%.
Waasa 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 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Waasa
- The Sales Tax Rate for Waasa is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Waasa 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 Waasa
- The average income of a Waasa resident is $22,046 a year. The US average is $28,555 a year.
- The Median household income of a Waasa resident is $47,500 a year. The US average is $69,021 a year.