Rice Lake, WI is a small city located in Northwest Wisconsin and is home to around 8,400 people. Rice Lake offers a variety of activities for visitors and locals alike. There are many companies located in Rice Lake that offer a range of services. Some notable companies include Rice Lake Construction Company, Rice Lake Weighing Systems, Larson Industries and Wipfli CPAs & Consultants. The cost of living in Rice Lake is quite reasonable with average rent for two-bedroom apartments being $900 compared to $1,430 across the US. Grocery costs are also relatively inexpensive with an index score of 96 as opposed to 100 across the US. All in all, Rice Lake offers residents a great quality of life at an affordable cost.
Rice Lake has an unemployment rate of 5.5%. The US average is 6.0%.
Rice Lake has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Rice Lake
- The Sales Tax Rate for Rice Lake is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rice Lake is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rice Lake
- The average income of a Rice Lake resident is $20,650 a year. The US average is $28,555 a year.
- The Median household income of a Rice Lake resident is $41,505 a year. The US average is $69,021 a year.