Danbury, WI is a small city located in the north-western part of Wisconsin. It has a population of around 3,000 people and is known for its great outdoors activities like fishing and camping. The rent for two bedrooms in Danbury is $1,040 compared to the US average at $1,430, making it more affordable than most places. Additionally, the Grocery Cost Index here is 97 versus the US average of 100, indicating that groceries are slightly cheaper in Danbury than elsewhere.
The local economy in Danbury relies on agriculture and small businesses such as K&M Dairy Supply Co., Mecan River Farms LLC, Green Valley Building Supplies Inc., and Viehman Trucking Service Inc. to provide necessities to residents. There are also several farms nearby that make the area a great place for outdoor enthusiasts looking for fresh produce or something unique to take home. All in all, Danbury is an ideal location for those who want to save money while still having access to city amenities.
Danbury has an unemployment rate of 7.5%. The US average is 6.0%.
Danbury has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Danbury
- The Sales Tax Rate for Danbury is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Danbury 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 Danbury
- The average income of a Danbury resident is $28,149 a year. The US average is $28,555 a year.
- The Median household income of a Danbury resident is $30,750 a year. The US average is $69,021 a year.