Wilton, MN is a small town located in the north-central part of Minnesota. It has a population of approximately 1,000 people and offers a variety of businesses and services to its citizens. Two bedroom rent in Wilton is about $990 per month which is significantly lower than the national average of $1,430. The grocery cost index in Wilton is 96 versus 100 in the US on average making it an affordable place to live.
The town has several local businesses in areas such as retail, restaurants, and medical care including Johnson's Pharmacy, Wilton Liquors & Wine Shoppe, Bison Creek Bar & Grill, Cenex Convenience Store, and Valley Medical Center. Additionally, there are recreational activities available around town such as canoeing on Red Lake River or ice skating at the City Park. One popular local event is the Annual Community Garage Sale which takes place every summer during the first week of July where locals can set up booths for selling items they no longer need or want.
Wilton has an unemployment rate of 5.1%. The US average is 6.0%.
Wilton has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Wilton
- The Sales Tax Rate for Wilton is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wilton 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 Wilton
- The average income of a Wilton resident is $32,538 a year. The US average is $28,555 a year.
- The Median household income of a Wilton resident is $49,565 a year. The US average is $69,021 a year.