Waukenabo, MN is a small town located in St. Louis County and is known for its beautiful parks and scenic outdoors. The city offers low cost of living with a two bedroom rent of $860 compared to the US average of $1,430. Groceries are also more affordable with an index of 96 compared to the US average of 100. There are several local companies in the area such as Northern Stacks Brewing, Lake State Federal Credit Union, and D&N Hardware Store which offer residents and visitors an array of products and services.
Waukenabo has an unemployment rate of 7.1%. The US average is 6.0%.
Waukenabo has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Waukenabo
- The Sales Tax Rate for Waukenabo is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Waukenabo 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 Waukenabo
- The average income of a Waukenabo resident is $23,624 a year. The US average is $28,555 a year.
- The Median household income of a Waukenabo resident is $59,125 a year. The US average is $69,021 a year.