Addison, WI is a great place to live due to its affordability and low cost of living. The average two bedroom rental price in Addison is $1,050 compared to the US average of $1,430 making it significantly cheaper for people looking for a place to rent. Additionally, the grocery cost index in Addison is 98 versus the US 100 which makes it a great option for those looking to save money on groceries. \nThe town of Addison also has plenty of businesses and local companies that make it an ideal location to call home. Some of these include S&S Distributing Company Inc., N B Cargo Inc., and Addison Construction Co Inc. These businesses make up some of the major employers in the area, giving residents increased job opportunities and economic stability. \nAll together this makes Addison an attractive place for people who are looking for affordable housing options with plenty of local business opportunities available nearby.
Addison has an unemployment rate of 4.0%. The US average is 6.0%.
Addison has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Addison
- The Sales Tax Rate for Addison is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Addison 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 Addison
- The average income of a Addison resident is $30,589 a year. The US average is $28,555 a year.
- The Median household income of a Addison resident is $73,333 a year. The US average is $69,021 a year.