Cold Spring, WI Economy


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Cold Spring, WI is a small town located in Washington County. It is home to a number of local businesses such as Cold Spring Dairy, Kettle Moraine Hardwoods and Linder Tree Farm. The average two bedroom rent in Cold Spring is $990 compared to the US average two bedroom rent of $1,430, making it an affordable place to live. In addition, the Grocery Cost Index for Cold Spring is 97 versus 100 in the US which makes groceries more reasonable than the national average. With its close proximity to larger towns and cities and reasonable rent prices, Cold Spring is an ideal place to live.

Cold Spring has an unemployment rate of 4.4%. The US average is 6.0%.

Cold Spring has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Cold Spring
- The Sales Tax Rate for Cold Spring is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cold Spring 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 Cold Spring
- The average income of a Cold Spring resident is $25,526 a year. The US average is $28,555 a year.
- The Median household income of a Cold Spring resident is $79,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCold Spring, WisconsinUnited States
  4.46
  -3.4%-6.2%
  31.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $47,893$37,638
  $79,625$69,021
  $79,250$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  9.0%6.8%
  20.9%10.0%
  4.4%2.5%
  6.0%11.0%
  2.8%4.8%
  0.7%0.8%
  0.0%1.9%
  1.6%4.7%
  3.0%1.9%
  2.8%7.6%
  0.0%0.1%
  1.8%4.2%
  13.6%9.3%
  13.1%14.0%
  2.5%2.1%
  1.8%7.0%
  7.8%4.8%
  1.6%4.7%
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