Mineral Point, WI is an ideal place to live for those looking for affordability. The cost of two bedroom rent in Mineral Point is only $990 compared to the US average of $1,430. Additionally, groceries have a cost index of 94 verses 100 in the US. Local companies such as Big Brown Shopping Mall and Mineral Point Supermarket offer exceptional shopping opportunities at moderate prices. Despite its lower costs of living, Mineral Point has plenty to do from popular parks such as Moundview Park to local attractions like Shake Rag Alley Arts Center.
Mineral Point has an unemployment rate of 5.1%. The US average is 6.0%.
Mineral Point has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Mineral Point
- The Sales Tax Rate for Mineral Point is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mineral Point 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 Mineral Point
- The average income of a Mineral Point resident is $32,303 a year. The US average is $37,638 a year.
- The Median household income of a Mineral Point resident is $57,768 a year. The US average is $69,021 a year.