Draper, WI Economy


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United States / Wisconsin / No Metro Area / Sawyer County / Draper / Zip Codes
Draper, WI is a small town located in Wisconsin with a population of around 900 people. It is known for its affordable rent compared to other towns in the US, with an average 2 bedroom rent of $850 versus $1,430 across the US. Additionally, Draper's grocery cost index is 96 compared to the US's 100, making groceries also relatively inexpensive here. The local businesses in Draper, WI include the Smith Family Farm, which specializes in fresh-grown produce; Forever Gardens Nursery and Landscaping which provides garden and lawn care services; and The Little White Chapel which offers wedding packages.

Draper has an unemployment rate of 7.2%. The US average is 6.0%.

Draper has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Draper
- The Sales Tax Rate for Draper is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Draper 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 Draper
- The average income of a Draper resident is $19,927 a year. The US average is $28,555 a year.
- The Median household income of a Draper resident is $49,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDraper, WisconsinUnited States
  7.26
  -4.0%-6.2%
  37.6%33.5%
  5.5%6.2%
  6.3%4.6%
  $35,174$37,638
  $49,375$69,021
  $66,607$85,028
  Population by Occupation
  1.0%1.2%
  1.0%0.5%
  9.2%6.8%
  4.1%10.0%
  0.0%2.5%
  2.0%11.0%
  26.5%4.8%
  0.0%0.8%
  2.0%1.9%
  5.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.1%4.2%
  7.1%9.3%
  16.3%14.0%
  1.0%2.1%
  13.3%7.0%
  4.1%4.8%
  4.1%4.7%
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