Wykoff, MN is a small town in the United States with an array of local businesses. Rent for two bedroom homes in Wykoff is significantly lower than the US average at $980 compared to $1430. The grocery cost index is also lower than the US average at 94 versus 100. This makes Wykoff an affordable place to live. Local businesses include Wylcoff's Grocery Store, Wykoff Hardware, Wykoff Pharmacy, and the Wykoff Family Dental Practice — all of which offer competitive prices on products and services. The cost of living in Wykoff is lower than many other areas in the United States making it an ideal location for people looking for an affordable place to call home.
Wykoff has an unemployment rate of 4.7%. The US average is 6.0%.
Wykoff 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Wykoff
- The Sales Tax Rate for Wykoff is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wykoff 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 Wykoff
- The average income of a Wykoff resident is $20,543 a year. The US average is $28,555 a year.
- The Median household income of a Wykoff resident is $56,250 a year. The US average is $69,021 a year.