Ladysmith, WI Economy


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United States / Wisconsin / No Metro Area / Rusk County / Ladysmith / Zip Codes
Ladysmith, WI is a small town located in Rusk County that offers all the amenities of small-town living. It has easy access to outdoor activities like camping and fishing as well as shopping, dining, entertainment, and other services. A few notable businesses in Ladysmith include Nature’s Nook Floral & Gifts, Ladysmith Public Library, Tractor Supply Co., and Deakin's SuperValu grocery store. The cost of living is relatively low compared to other parts of the country; 2 bedroom rent averages $810 per month while it is $1,430 nationwide. Additionally the Grocery Cost Index for Ladysmith is 91 versus 100 in the US.

Ladysmith has an unemployment rate of 5.9%. The US average is 6.0%.

Ladysmith has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Ladysmith
- The Sales Tax Rate for Ladysmith is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ladysmith 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 Ladysmith
- The average income of a Ladysmith resident is $18,407 a year. The US average is $28,555 a year.
- The Median household income of a Ladysmith resident is $44,957 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLadysmith, WisconsinUnited States
  5.96
  -3.6%-6.2%
  28.9%33.5%
  5.5%6.2%
  6.3%4.6%
  $25,039$37,638
  $44,957$69,021
  $55,855$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  18.6%10.0%
  1.1%2.5%
  13.2%11.0%
  4.5%4.8%
  0.0%0.8%
  1.7%1.9%
  2.5%4.7%
  0.0%1.9%
  3.6%7.6%
  0.0%0.1%
  3.9%4.2%
  9.7%9.3%
  19.7%14.0%
  2.3%2.1%
  1.2%7.0%
  6.3%4.8%
  6.9%4.7%
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