Warba, MN with a population of 55793 is an attractive place to live due to its affordable rent and cost of living. The rental rate for a two bedroom in Warba is $960 per month compared to the US average of $1,430. Grocery costs in Warba have an index of 96 on the US scale, making this area even more budget friendly. Corporate presence in this small town includes the Warba Co-op Grain Elevator as well as several family owned businesses like the Warba Lumberyard and the Warba Trading Post.
Warba (zip 55793) has an unemployment rate of 6.2%. The US average is 6.0%.
Warba (zip 55793) 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 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Warba (zip 55793)
- The Sales Tax Rate for Warba (zip 55793) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Warba (zip 55793) 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 Warba (zip 55793)
- The average income of a Warba (zip 55793) resident is $28,953 a year. The US average is $37,638 a year.
- The Median household income of a Warba (zip 55793) resident is $58,750 a year. The US average is $69,021 a year.