Fairwater, WI is a small town in Wisconsin with a population of around 1,000 people. It is known for its inexpensive housing and low cost of living. The average 2 bedroom rent in Fairwater is $960 which is significantly lower than the U.S. national average of $1,430. Additionally, Fairwater’s Grocery Cost Index is 93 versus 100 in the US making it an even more affordable place to live. Local companies include S&G Metalworking Technologies Inc., R & D Steel Construction Company Inc., and Noshiro America Corp. Overall, Fairwater provides a great lifestyle for its citizens with an affordable cost of living and plenty of opportunities provided by local businesses.
Fairwater has an unemployment rate of 4.1%. The US average is 6.0%.
Fairwater has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Fairwater
- The Sales Tax Rate for Fairwater is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fairwater 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 Fairwater
- The average income of a Fairwater resident is $24,171 a year. The US average is $28,555 a year.
- The Median household income of a Fairwater resident is $63,594 a year. The US average is $69,021 a year.