\nWatkins, MN is a small town located in Meeker County with a rural atmosphere that provides residents with a peaceful lifestyle. This town offers numerous local businesses and amenities that can help its residents lead comfortable lives. Some of the local companies include Watson Garage, Watson Lumber Company, Watkins Co-op, Watkins Fire Department, and High Country Realty. Along with these businesses, the town also offers many amenities for its residents to enjoy such as fishing at Stony Lake or camping on Fish Creek Island Wildlife Management Area or attending the annual Harvest Festival. With its low cost of living and great community atmosphere, Watkins, MN is an ideal place to live.
Watkins has an unemployment rate of 5.2%. The US average is 6.0%.
Watkins has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Watkins
- The Sales Tax Rate for Watkins is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Watkins 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 Watkins
- The average income of a Watkins resident is $20,739 a year. The US average is $28,555 a year.
- The Median household income of a Watkins resident is $60,278 a year. The US average is $69,021 a year.