Wright, MN is an affordable location to live. The two bedroom rent for $830 per month, significantly lower than the US average of $1,430. Groceries are also fairly priced in Wright with a grocery cost index of 98 compared to 100 in the US. Other than affordability, Wright has much to offer its residents. The city is home to many local businesses such as K&K Tire Service, Scott Anderson Plumbing and Heating, and F & F Painting. With so many opportunities available in this small town, Wright is an ideal place to settle down and make a living.
Wright has an unemployment rate of 5.3%. The US average is 6.0%.
Wright has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Wright
- The Sales Tax Rate for Wright is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Wright 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 Wright
- The average income of a Wright resident is $20,638 a year. The US average is $28,555 a year.
- The Median household income of a Wright resident is $56,250 a year. The US average is $69,021 a year.