Wilkinson, MN is a small town located in the state of Minnesota. It has a population of around 1,500 people and offers plenty of peaceful tranquility for those who are looking to escape busy city life. The cost of living in Wilkinson is very affordable; the average rent for a two-bedroom apartment is $890 while the US average is $1,430. Additionally, grocery costs index in Wilkinson is 95 compared to the national average of 100. There are several local businesses located within Wilkinson where residents can find employment with some notable organizations such as Wilkinson Pharmacy, D & G Auto Repair, and P&J’s Café.
Wilkinson has an unemployment rate of 8.4%. The US average is 6.0%.
Wilkinson has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Wilkinson
- The Sales Tax Rate for Wilkinson is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wilkinson 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 Wilkinson
- The average income of a Wilkinson resident is $16,594 a year. The US average is $37,638 a year.
- The Median household income of a Wilkinson resident is $40,000 a year. The US average is $69,021 a year.