Waverly, MN (Zip code 55390) is a vibrant city that has something to offer everyone. As of 2020, the average 2 bedroom rent in Waverly is $1,240, lower than the US average of $1,430. Additionally, the Grocery Cost Index is 99 in Waverly compared to 100 in the US.
The local businesses in Waverly provide great value to its residents and visitors alike. Some of these companies include Waverly Family Pharmacy for medical needs; Waverly Hardware & Lumber for home improvement; and Badgers Bar & Grill for food and entertainment. The pharmacy provides a range of services from medication refills to welcome packages for new parents. The hardware store offers a selection of tools and supplies at affordable prices while also providing delivery services for those unable to visit the store themselves. Finally, Badgers Bar & Grill offers excellent locally-sourced food coupled with live music on weekends - creating an entertaining experience sure to be remembered.
Waverly (zip 55390) has an unemployment rate of 4.5%. The US average is 6.0%.
Waverly (zip 55390) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Waverly (zip 55390)
- The Sales Tax Rate for Waverly (zip 55390) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Waverly (zip 55390) 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 Waverly (zip 55390)
- The average income of a Waverly (zip 55390) resident is $38,690 a year. The US average is $37,638 a year.
- The Median household income of a Waverly (zip 55390) resident is $99,519 a year. The US average is $69,021 a year.