Lake Wissota, WI is a small city located in Chippewa County. It's home to a wide variety of businesses including Lake Wissota Cafe & Bar, J&B Boat Sales, and Chippewa Valley Equipment. The cost of living in the area is quite low compared to the national average. Two bedroom rent is $950, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index is 94 versus 100 in the US. This indicates that basic necessities are slightly cheaper here than elsewhere in the country. With its affordable housing and living costs, Lake Wissota makes an ideal location for individuals or families looking to make a fresh start without breaking their budget.
Lake Wissota has an unemployment rate of 5.7%. The US average is 6.0%.
Lake Wissota has seen the job market increase by 1.1% 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 Lake Wissota
- The Sales Tax Rate for Lake Wissota is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lake Wissota 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 Lake Wissota
- The average income of a Lake Wissota resident is $31,178 a year. The US average is $28,555 a year.
- The Median household income of a Lake Wissota resident is $89,276 a year. The US average is $69,021 a year.