Concord, WI Economy


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Concord, WI, is a small city located in mid-western Wisconsin. It is home to many local businesses including Abundant Life Chiropractic, Concord General Store & Cafe, and Spring Valley Country Club. The cost of living in Concord is lower than the US average. 2 Bedroom rent is $1,150 which is much lower than the US average of $1,430. In addition to this, the Grocery Cost Index in Concord, WI is 99 compared to 100 in the US. Overall the cost of living in Concord makes it an ideal place for people looking for a smaller city with lower costs.

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

Concord 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 Concord
- The Sales Tax Rate for Concord is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Concord 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 Concord
- The average income of a Concord resident is $27,846 a year. The US average is $28,555 a year.
- The Median household income of a Concord resident is $95,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConcord, WisconsinUnited States
  4.46
  -3.4%-6.2%
  31.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $43,662$37,638
  $95,167$69,021
  $100,417$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  16.8%6.8%
  21.9%10.0%
  1.7%2.5%
  7.9%11.0%
  3.3%4.8%
  1.8%0.8%
  1.1%1.9%
  1.9%4.7%
  1.3%1.9%
  4.8%7.6%
  0.0%0.1%
  2.0%4.2%
  5.1%9.3%
  13.4%14.0%
  2.8%2.1%
  2.3%7.0%
  6.8%4.8%
  2.7%4.7%
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