Waseca, MN is a small city located in southern Minnesota. It has a diverse population of approximately 9,400 people. It is known for its community spirit and strong sense of pride; there are many active clubs and organizations that the citizens can be involved in. The cost of living in Waseca is quite low, with 2 bedroom rentals being only $730 compared to the national average of $1,430. In addition, grocery costs are also lower than most other places with an index of 95 versus 100 in the US.
The city offers plenty to do for residents and visitors alike. Nature lovers can explore several parks including Clear Lake Park and Deerfield Park where they can enjoy fishing, boating, swimming and hiking. There are also many local businesses such as Bonanza Inn & Suites Hotel which offer great amenities at reasonable prices. There are also cultural activities like the Waseca County Historical Society Museum which displays artifacts from various eras of Waseca’s history or the Blue Earth County Historical Society which features exhibits about the area’s culture and heritage. Overall Waseca is a vibrant town that has something for everyone.
Waseca has an unemployment rate of 6.0%. The US average is 6.0%.
Waseca has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Waseca
- The Sales Tax Rate for Waseca is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Waseca 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 Waseca
- The average income of a Waseca resident is $23,215 a year. The US average is $28,555 a year.
- The Median household income of a Waseca resident is $57,022 a year. The US average is $69,021 a year.