Wahkon, MN is a small town located between Minneapolis and Duluth. With a population of approximately 500 people, Wahkon offers its inhabitants a peaceful and relaxing lifestyle amidst the beauty of nature. The cost of living in Wahkon is relatively low compared to other cities, with 2 bedroom rents averaging $860 versus the US average of $1,430. Similarly, the grocery cost index in Wahkon averages 99 versus the national average of 100. \nSome well-known businesses in Wahkon include Dairy Queen, BP gas station and Grandy's auto repair shop. A typical local meal may include homemade pizza from Mr Pizza, which offers delicious pizzas made with farm-fresh ingredients such as fresh-picked tomatoes and herbs from their own garden. Other popular dishes include juicy burgers from Wendy's or veggie wraps from Subway.
Wahkon has an unemployment rate of 7.9%. The US average is 6.0%.
Wahkon has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Wahkon
- The Sales Tax Rate for Wahkon is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wahkon 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 Wahkon
- The average income of a Wahkon resident is $27,777 a year. The US average is $37,638 a year.
- The Median household income of a Wahkon resident is $31,607 a year. The US average is $69,021 a year.