Waterville, MN is a small city located in the state of Minnesota with a population of 5,609. The average two bedroom rent in Waterville is $930 which is much less than the US average of $1,430. A grocery cost index in Waterville is 97 versus 100 in the US making living more affordable for residents. In terms of local companies and amenities, Waterville has many different offerings. Just to name a few there are Pflueger Chevrolet, Little Dog Coffee House, H & R Block, Harmony Foods Co-op, as well as many others. There’s something for everyone in Waterville from grocery stores to coffee shops to tax services.
Waterville (zip 56096) has an unemployment rate of 6.8%. The US average is 6.0%.
Waterville (zip 56096) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Waterville (zip 56096)
- The Sales Tax Rate for Waterville (zip 56096) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Waterville (zip 56096) 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 Waterville (zip 56096)
- The average income of a Waterville (zip 56096) resident is $35,899 a year. The US average is $37,638 a year.
- The Median household income of a Waterville (zip 56096) resident is $80,114 a year. The US average is $69,021 a year.