Waseca County, MN Economy


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United States / Minnesota / No Metro Area / Waseca County / Cities / Zip Codes
Waseca, MN County is an affordable place to live with 2 bedroom rents being $830 and grocery cost index at 96 (versus 100 in the US). In addition, there are several local businesses that contribute to the economy such as Waseca Vet Clinic, TCD Electric, Waseca Collision Center, and Starbuck’s Roasting Plant. These companies provide jobs and services for citizens of the county. Waseca is a great place for those looking for an affordable lifestyle while still having access to local businesses and employment opportunities. Compared to other parts of the US, Waseca has lower rent prices and costs of living which make it an attractive option for potential residents.

Waseca County has an unemployment rate of 6.0%. The US average is 6.0%.

Waseca County has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Waseca County
- The Sales Tax Rate for Waseca County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Waseca 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 Waseca County
- The average income of a Waseca County resident is $32,559 a year. The US average is $37,638 a year.
- The Median household income of a Waseca County resident is $66,502 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaseca, MinnesotaUnited States
  66
  -1.9%-6.2%
  19.9%33.5%
  6.9%6.2%
  7.1%4.6%
  $32,559$37,638
  $66,502$69,021
  $80,652$85,028
  Population by Occupation
  5.2%1.2%
  0.3%0.5%
  6.7%6.8%
  19.0%10.0%
  3.3%2.5%
  11.5%11.0%
  3.5%4.8%
  0.7%0.8%
  1.4%1.9%
  3.6%4.7%
  1.1%1.9%
  3.6%7.6%
  0.0%0.1%
  2.6%4.2%
  8.5%9.3%
  16.8%14.0%
  0.5%2.1%
  3.4%7.0%
  3.8%4.8%
  4.5%4.7%
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