Waukon, MN is a city located in Allamakee County, Iowa. This small city offers an affordable cost of living compared to the rest of the US. The average 2 bedroom rent is $940 compared to the national average of $1,430 making it an attractive area for those looking for more affordable housing options. Additionally, the local grocery cost index is 94 as opposed to the 100 in the US further showcasing Waukon’s lower cost of living. A few local companies in Waukon include Waukon Feed Ranch, Inc., Ray’s Repair Shop, and Farmers Co-op Society.
Waukon has an unemployment rate of 5.7%. The US average is 6.0%.
Waukon has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Waukon
- The Sales Tax Rate for Waukon is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Waukon 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 Waukon
- The average income of a Waukon resident is $51,064 a year. The US average is $28,555 a year.
- The Median household income of a Waukon resident is $64,688 a year. The US average is $69,021 a year.