Menomonee Falls, WI is a great place to live due to its reasonable cost of living. The median two bedroom rent in Menomonee Falls is $1,320 which is slightly less than the US median of $1,430. Additionally, the Grocery Cost Index in Menomonee Falls is 99 versus 100 in the US. Menomonee Falls also hosts an array of well-known companies including Kohl’s headquarters, Briggs & Stratton engine production facilities and Quad/Graphics printing plant. With its convenient location between Milwaukee and Waukesha and its variety of corporate employment opportunities and affordable costs of living, Menomonee Falls is an ideal place to call home.
Menomonee Falls has an unemployment rate of 3.8%. The US average is 6.0%.
Menomonee Falls has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Menomonee Falls
- The Sales Tax Rate for Menomonee Falls is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Menomonee Falls 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 Menomonee Falls
- The average income of a Menomonee Falls resident is $36,386 a year. The US average is $28,555 a year.
- The Median household income of a Menomonee Falls resident is $90,636 a year. The US average is $69,021 a year.