New Richmond, Wisconsin is a small town located in St. Croix County. With a population of just over 5,400 people, it is a great place for families and individuals looking for the perfect balance between small-town charm and the convenience of big city amenities. The average two bedroom rent in New Richmond is $1,210 per month, slightly lower than the national average of $1,430. Furthermore, groceries in New Richmond are relatively inexpensive compared to the rest of the country with an index rating of 100.
New Richmond is home to many local businesses that contribute to its economic success. A few notable ones include: R & R Lumber – offering quality building materials; Nature’s Bakery – a family-run bakery specializing in fresh baked goods; Finishing Touches Home Decor – providing interior design services; Wolf Creek Saloon & Grill – serving up delicious meals and refreshing drinks; and E&E Auto Care – taking care of all your automotive needs. These businesses help make New Richmond a wonderful place to live and work.
New Richmond (zip 54017) has an unemployment rate of 4.5%. The US average is 6.0%.
New Richmond (zip 54017) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for New Richmond (zip 54017)
- The Sales Tax Rate for New Richmond (zip 54017) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Richmond (zip 54017) 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 New Richmond (zip 54017)
- The average income of a New Richmond (zip 54017) resident is $26,659 a year. The US average is $28,555 a year.
- The Median household income of a New Richmond (zip 54017) resident is $85,315 a year. The US average is $69,021 a year.