Winfield, MN is a small community with an estimated population of 600 according to the 2010 United States Census. It is located in Goodhue County and is home to several local businesses including Winfield Market, Winfield Dairy, and Winfield Store. The cost of living in Winfield is relatively low when compared to other parts of the United States. The average rent for a two-bedroom apartment in Winfield is $820 per month, which is much lower than the national average of $1,430 per month. Additionally, the Grocery Cost Index in Winfield is 94 compared to 100 nationally, indicating that groceries are more affordable in this area.
Winfield has an unemployment rate of 5.9%. The US average is 6.0%.
Winfield has seen the job market increase by 6.7% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Winfield
- The Sales Tax Rate for Winfield is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Winfield 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 Winfield
- The average income of a Winfield resident is $28,167 a year. The US average is $28,555 a year.
- The Median household income of a Winfield resident is $58,889 a year. The US average is $69,021 a year.