Whitewater, MN Economy


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Whitewater, MN is a small town located in the southeastern part of the state. It is a great place to live for those who want to live without the hustle and bustle of big city life. The cost of living is much lower than other areas of Minnesota with 2 bedroom rent costing $940 compared to the US average which is $1,430 per month. People also benefit from a lower grocery cost index which stands at 97 versus 100 in the US. Whitewater has several local businesses such as White Water Liquors, The Firehouse Eatery & Pub, US Bank and White Water Grocery. The local community also offers plenty of recreational activities for residents to enjoy such as camping, fishing and golfing.

Whitewater has an unemployment rate of 3.7%. The US average is 6.0%.

Whitewater has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Whitewater
- The Sales Tax Rate for Whitewater is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Whitewater 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 Whitewater
- The average income of a Whitewater resident is $43,948 a year. The US average is $37,638 a year.
- The Median household income of a Whitewater resident is $95,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhitewater, MinnesotaUnited States
  3.76
  -3.5%-6.2%
  24.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $43,948$37,638
  $95,625$69,021
  $120,000$85,028
  Population by Occupation
  7.6%1.2%
  0.0%0.5%
  16.7%6.8%
  16.7%10.0%
  3.0%2.5%
  15.2%11.0%
  5.3%4.8%
  1.5%0.8%
  0.0%1.9%
  1.5%4.7%
  0.0%1.9%
  8.3%7.6%
  0.0%0.1%
  0.0%4.2%
  3.8%9.3%
  12.1%14.0%
  0.0%2.1%
  6.8%7.0%
  1.5%4.8%
  0.0%4.7%
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