Wilmont Township, MN is a great place to live and work. It offers citizens an affordable cost of living with average two bedroom rent at $890 compared to the US average of $1,430. Groceries are also relatively cheaper with a grocery cost index of 93 compared to the US index of 100. There is plenty to do in Wilmont Township as well; it is home to some great local businesses such as The Wilmont General Store, Goggin's Grain Warehouse, and J&S Auto Repair shop. All three companies have been established for many years and offer excellent services including retail items, agricultural supplies, and auto repair services. This small town has a lot to offer its residents from excellent local businesses to an affordable cost of living.
Wilmont township has an unemployment rate of 3.7%. The US average is 6.0%.
Wilmont township has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Wilmont township
- The Sales Tax Rate for Wilmont township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wilmont township 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 Wilmont township
- The average income of a Wilmont township resident is $32,545 a year. The US average is $37,638 a year.
- The Median household income of a Wilmont township resident is $69,375 a year. The US average is $69,021 a year.