Racine, WI County is a great place to live and work. It offers a variety of amenities including affordable living with the 2 bedroom rent being $1,020 compared to the US 2 bedroom rent of $1,430. The grocery cost index is also lower in Racine than the US at 97. There are many local companies that make up the economy in Racine such as SC Johnson & Son, Miller Brewing Company, Case New Holland Industrial Equipment Company, and S.C. Johnson Wax Research Center. All these businesses have been established for decades and provide employment opportunities for locals while contributing to the social and economic growth of the area.
Racine County has an unemployment rate of 5.9%. The US average is 6.0%.
Racine County has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Racine County
- The Sales Tax Rate for Racine County is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Racine County 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 Racine County
- The average income of a Racine County resident is $35,215 a year. The US average is $37,638 a year.
- The Median household income of a Racine County resident is $67,224 a year. The US average is $69,021 a year.