Meadowbrook, WI is a small town with an affordable cost of living. The two bedroom rent in Meadowbrook is nearly half of the US average, at $870 compared to $1,430. This allows for those on a budget or families to afford more comfortable living arrangements. The grocery cost index for Meadowbrook is 96, even lower than the US average of 100. This makes it easy for people to purchase food and other supplies without having to break their wallets. Some local businesses that are beneficial for the community include Dan’s Gas Station, Baily’s Hardware Store, Ace Lumber Yard, and Daisy’s Grocery Store. Dan’s Gas Station provides residents with access to gas and maintenance services, Baily’s Hardware Store offers tools and supplies essential for household repairs, Ace Lumber Yard stocks lumber needed for construction projects such as building fences or sheds; and Daisy’s Grocery Store has a variety of fresh produce and other groceries available at reasonable prices. These companies provide important services while helping keep the costs low in Meadowbrook which makes it an attractive place to live.
Meadowbrook has an unemployment rate of 7.2%. The US average is 6.0%.
Meadowbrook 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 Meadowbrook
- The Sales Tax Rate for Meadowbrook is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Meadowbrook 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 Meadowbrook
- The average income of a Meadowbrook resident is $26,683 a year. The US average is $28,555 a year.
- The Median household income of a Meadowbrook resident is $39,844 a year. The US average is $69,021 a year.