Wilma, MN is a small town located in the Midwestern United States. It offers many of the same amenities as larger cities, but at a lower cost of living. Rent for two-bedroom apartments is only $990 compared to the national average of $1,430. The grocery cost index is also significantly lower than the US average, with Wilma's index at 96 against the US average of 100.
Wilma is home to several well-known companies such as Johnson Farms and Wilma Textiles. Johnson Farms produces organic vegetables and fruits that can be found in local grocery stores and farmers' markets. Wilma Textiles has been in business for over 30 years and specializes in custom fabric designs for apparel manufacturers around the country. Both companies are renowned for their commitment to community outreach and involvement in local events.
Wilma has an unemployment rate of 7.7%. The US average is 6.0%.
Wilma has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Wilma
- The Sales Tax Rate for Wilma is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wilma 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 Wilma
- The average income of a Wilma resident is $45,832 a year. The US average is $37,638 a year.
- The Median household income of a Wilma resident is $0 a year. The US average is $69,021 a year.