Wadena, MN County is a great place to call home. With an average two bedroom rent of $840, it is much more affordable than the US average of $1,430. The Grocery Cost Index in Wadena is also lower than the national rate of 100, coming in at 94. This makes affording everyday items easier for residents. Wadena boasts many local businesses and services such as Wadena State Bank, Wadena Bar & Grill, and Old City Hall Antiques & Collectibles to name a few. With its low costs and variety of businesses to choose from, there’s no doubt that living life in Wadena is enjoyable and economically sound.
Wadena County has an unemployment rate of 6.9%. The US average is 6.0%.
Wadena County has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 4.3%, which is lower than the US average of 33.5%.
Tax Rates for Wadena County
- The Sales Tax Rate for Wadena County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Wadena County 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 Wadena County
- The average income of a Wadena County resident is $21,384 a year. The US average is $28,555 a year.
- The Median household income of a Wadena County resident is $50,100 a year. The US average is $69,021 a year.