Chippewa Falls, MN Economy


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United States / Minnesota / No Metro Area / Pope County / Chippewa Falls / Zip Codes
Chippewa Falls, MN is a small city located in the Chippewa River Valley of Wisconsin. It is known for its scenic beauty and outdoor activities such as hiking and fishing. The city also has a thriving business community with several locally owned companies like the Chippewa Valley Theater Company, Chippewa Brewing Company, and Leinenkugel’s Brewery. 2 bedroom rent in the city is significantly lower than the US average at $930, while the Grocery Cost Index is on par with the rest of the country at 100. This makes it an ideal place for those looking to live comfortably on a budget.

Chippewa Falls has an unemployment rate of 4.5%. The US average is 6.0%.

Chippewa Falls has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Chippewa Falls
- The Sales Tax Rate for Chippewa Falls is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Chippewa Falls is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chippewa Falls
- The average income of a Chippewa Falls resident is $29,087 a year. The US average is $28,555 a year.
- The Median household income of a Chippewa Falls resident is $75,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChippewa Falls, MinnesotaUnited States
  4.56
  -1.6%-6.2%
  29.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $42,409$37,638
  $75,625$69,021
  $101,250$85,028
  Population by Occupation
  16.0%1.2%
  0.0%0.5%
  3.5%6.8%
  12.5%10.0%
  1.4%2.5%
  8.3%11.0%
  14.6%4.8%
  0.0%0.8%
  3.5%1.9%
  4.2%4.7%
  0.0%1.9%
  2.8%7.6%
  0.0%0.1%
  2.8%4.2%
  2.8%9.3%
  16.7%14.0%
  0.0%2.1%
  0.0%7.0%
  5.6%4.8%
  5.6%4.7%
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