Located in Stearns County, Waite Park is a beautiful city with a population of 6,387. The city offers an affordable cost of living that is slightly lower than the US average. The median two bedroom rent in Waite Park is $1,010 while the US average is $1,430. Additionally, the Grocery Cost Index in Waite Park is 97 versus 100 in the US.
The city of Waite Park has an array of local companies; these include but are not limited to Panera Bread, Walmart Supercenter, Cub Foods and Kwik Trip Inc. In addition to these larger businesses there are several local restaurants such as Joe's Bar & Grill and Aces on 29th which serve classic American cuisine.
The community of Waite Park is one rich in culture and history; it offers local museums such as Stearns History Museum and Munsinger Gardens for those who wish to explore more about this city’s interesting past. For those who prefer outdoor activities there are plenty of options including Quarry park where you can enjoy nature trails and various activities such as fishing and boating. If you would like to explore downtown Waite Park there are festivals throughout the year that attract both locals and visitors alike.
Waite Park (zip 56387) has an unemployment rate of 4.7%. The US average is 6.0%.
Waite Park (zip 56387) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Waite Park (zip 56387)
- The Sales Tax Rate for Waite Park (zip 56387) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Waite Park (zip 56387) 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 Waite Park (zip 56387)
- The average income of a Waite Park (zip 56387) resident is $24,851 a year. The US average is $28,555 a year.
- The Median household income of a Waite Park (zip 56387) resident is $47,816 a year. The US average is $69,021 a year.