Wellington, MN is a small city located in the state of Minnesota. It has a population of around 1,200 people and is a great place to live and work for those seeking an affordable lifestyle. The rent for 2 bedrooms in Wellington is only $880 per month, while the national average for two-bedroom rent is $1,430. Grocery costs here are also low with an index of 95 compared to 100 in the US as a whole. There are several local businesses that make up this community including restaurants like Don's Cafe & Pub and stores such as Johnson's Market and Wellington Ace Hardware. Wellington offers an affordable cost of living with rents that are well below the national average and low grocery costs compared to other cities in the country.
Wellington has an unemployment rate of 5.9%. The US average is 6.0%.
Wellington has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Wellington
- The Sales Tax Rate for Wellington is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wellington 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 Wellington
- The average income of a Wellington resident is $35,859 a year. The US average is $37,638 a year.
- The Median household income of a Wellington resident is $57,250 a year. The US average is $69,021 a year.