Wadena Township, MN is an ideal location to live for those who want affordable housing and living expenses. The average two bedroom rent in Wadena Township is $830 which is much lower than the national average of $1,430. Additionally, the grocery cost index in Wadena Township also has more affordable options with a score of 93 compared to 100 on the US index.
The area offers many local businesses for residents including Joseph's Supervalu for groceries and Wadena State Bank for financial services. Numerous restaurants around town offer delicious food such as Perkins Family Restaurant and KFC. There are also plenty of attractions to explore like Artesan Alley Gallery or Old Wadena Historic Village Museum & Interpretive Center.
Overall, living in Wadena Township offers an excellent mix of affordability and leisure opportunities making it a great place to call home.
Wadena township has an unemployment rate of 6.9%. The US average is 6.0%.
Wadena township has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 4.3%, which is lower than the US average of 33.5%.
Tax Rates for Wadena township
- The Sales Tax Rate for Wadena township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wadena township 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 Wadena township
- The average income of a Wadena township resident is $22,782 a year. The US average is $28,555 a year.
- The Median household income of a Wadena township resident is $71,667 a year. The US average is $69,021 a year.