Wacouta, MN Economy


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Wacouta, MN is an affordable city to live in with a 2 bedroom rent costing $940 compared to the US average of $1,430. The Grocery Cost Index is also very economical at 98 compared to the national average of 100. It's small-town charm and great local businesses makes it a desirable place to live. Local companies such as Waco Sports Printing, Wacker Markets, and the Waco Reptile farm are just some of the many employers located in Wacouta, MN that may be hiring. Some other popular businesses include Parkland Automotive Supply and the Waco County Museum of Arts. All these establishments offer talented people in the city an opportunity for a rewarding career in their hometown.

Wacouta has an unemployment rate of 4.6%. The US average is 6.0%.

Wacouta has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Wacouta
- The Sales Tax Rate for Wacouta is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wacouta 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 Wacouta
- The average income of a Wacouta resident is $53,510 a year. The US average is $37,638 a year.
- The Median household income of a Wacouta resident is $86,607 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWacouta, MinnesotaUnited States
  4.66
  -4.1%-6.2%
  28.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $53,510$37,638
  $86,607$69,021
  $99,375$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  6.3%6.8%
  11.8%10.0%
  0.0%2.5%
  4.2%11.0%
  0.0%4.8%
  2.5%0.8%
  2.5%1.9%
  2.1%4.7%
  1.3%1.9%
  5.5%7.6%
  2.1%0.1%
  4.2%4.2%
  7.2%9.3%
  26.2%14.0%
  5.5%2.1%
  8.0%7.0%
  3.4%4.8%
  6.8%4.7%
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