Wolverton, MN is a quaint town located in the Midwest. It's an ideal place for those looking for a more affordable lifestyle with 2 bedroom rent averaging at around $960 compared to the national 2 bedroom rent of $1,430. Wolverton also offers plenty of services thanks to the local companies that call it home. For example, there is Wolverton Pharmacy, a family-owned business offering quality prescription medication and health products; The Home Depot, offering all sorts of home improvement needs; and Macey’s Grocery Store which provides groceries at competitive prices thanks to their index score being 99 versus 100 in the US.
Wolverton has an unemployment rate of 4.1%. The US average is 6.0%.
Wolverton has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Wolverton
- The Sales Tax Rate for Wolverton is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wolverton 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 Wolverton
- The average income of a Wolverton resident is $26,414 a year. The US average is $28,555 a year.
- The Median household income of a Wolverton resident is $41,146 a year. The US average is $69,021 a year.