Wabasso, MN (ZIP code 56293) is a small town located in the state of Minnesota. It is home to just over 500 people. The average 2 bedroom rent in Wabasso is $840 which is significantly lower than the US average of $1,430. This makes Wabasso an attractive and affordable place to live for those who don’t want to break the bank. Furthermore, the Grocery Cost Index in Wabasso stands at 96 compared to the 100 in the US, making it a very economical place to buy food and other items needed for everyday life.
This tight-knit community has plenty to offer its residents as well. Popular local businesses and amenities include Country Gardens, a retail store that specializes in garden supplies; D&D Automotive Service Center, a full service automotive repair shop; The Whistle Stop Café & Saloon, which serves up tasty American cuisine; and Wabasso Golf Course & Driving Range, perfect for golfers of all skill levels. Whatever one might need while living in Wabasso can be found right within this charming town.
Wabasso (zip 56293) has an unemployment rate of 5.5%. The US average is 6.0%.
Wabasso (zip 56293) 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 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Wabasso (zip 56293)
- The Sales Tax Rate for Wabasso (zip 56293) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Wabasso (zip 56293) 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 Wabasso (zip 56293)
- The average income of a Wabasso (zip 56293) resident is $29,712 a year. The US average is $37,638 a year.
- The Median household income of a Wabasso (zip 56293) resident is $57,016 a year. The US average is $69,021 a year.