Butternut, WI is a small town situated in the heart of Wisconsin. It offers a variety of amenities to its citizens such as affordable housing and grocery costs. The average rent for 2 bedroom apartments is $840, while it is $1,430 in the US. Likewise, the Grocery Cost Index in Butternut is 95 against 100 in the US. There are several local businesses located in Butternut including Butternut Bakery Café, Country Traditions Crafts and Gifts, and B&B Hardware & Sporting Goods. These businesses provide an essential service to the community and bring economic growth to this small town.
Butternut has an unemployment rate of 6.5%. The US average is 6.0%.
Butternut has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Butternut
- The Sales Tax Rate for Butternut is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Butternut 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 Butternut
- The average income of a Butternut resident is $17,672 a year. The US average is $28,555 a year.
- The Median household income of a Butternut resident is $39,250 a year. The US average is $69,021 a year.