Town Hall · Wealthwood

Wealthwood, MN town hall & government

Wealthwood spent $66,000 in the year to December 31, 2022, about $250 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Wealthwood's government.

Town budget

Where Wealthwood's money goes

Spent
$66,000
fiscal year to December 31, 2022
Per resident
$250
typical Minnesota towns: $269
Long-term debt
None
none outstanding at year end
Roads & transportation
$27,00041%
Fire
$13,00020%
Administration & buildings
$13,00020%
Sewer & trash
$3,0005%
Other
$10,00015%

Where the money comes from

  • Property taxes 63%
  • From the federal government 17%
  • From the state 17%
  • Other taxes & licenses 1%
  • Interest, fines & other 1%
Schools · school year 2023–24

Aitkin Public School District

Wealthwood's K–12 school district, shared with Aitkin, Aitkin, Farm Island, Glen, Hazelton and Logan. It is its own government, with a budget separate from the town's.

Spending per pupil
$16,000
Minnesota: $17,091
Students
995
in the whole district
Long-term debt
$3 million
at year end

Where the district's money comes from Minnesota districts overall: 30% local, 62% state, 8% federal

  • Local 24%
  • State 67%
  • Federal 9%

Of the $16,000 per pupil, $10,158 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Wealthwood pay

Typical tax bill
$1,221
a year · Minnesota typical $3,357
Effective rate
0.42%
of home value · Minnesota 1.02%
Typical home value
$292,500
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Wealthwood's government

Town hall & decisions in Wealthwood →

Beyond town hall

Who represents Wealthwood

Wealthwood is represented in Congress by Senators Amy Klobuchar and Tina Smith and Representative Pete Stauber. Tim Walz is governor.

All of Wealthwood's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Wealthwood

Minnesota · MN · Aitkin County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01