Winona, MN Metro Area is a great place to live with an affordable cost of living. The average two bedroom rent is $890 which is much lower than the average US rent of $1430. Additionally, the Grocery Cost Index in Winona stands at 98, versus 100 in the US on average. Those who choose to live here can benefit from these lower prices while taking advantage of all that Winona has to offer. With many local companies such as Fastenal, WinCraft and Hiawatha Broadband Communications, there are plenty of opportunities for employment and growth within the area.
Winona Metro Area has an unemployment rate of 3.7%. The US average is 6.0%.
Winona Metro Area has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Winona Metro Area
- The Sales Tax Rate for Winona Metro Area is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Winona Metro Area 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 Winona Metro Area
- The average income of a Winona Metro Area resident is $24,050 a year. The US average is $28,555 a year.
- The Median household income of a Winona Metro Area resident is $61,753 a year. The US average is $69,021 a year.