Monroe, WI is an ideal place to live with its affordable cost of living. The average 2 bedroom rent in the city is $980, which is significantly lower than the national average of $1,430. Grocery costs are also relatively low as the city has a Grocery Cost Index of 92 compared to the national index of 100. There are plenty of local companies to explore in Monroe, including Monroe Truck Equipment Inc., Kutter's Cheese Factory, and Community State Bank. No matter what you're looking for, Monroe offers something for every lifestyle and budget.
Monroe has an unemployment rate of 4.0%. The US average is 6.0%.
Monroe has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Monroe
- The Sales Tax Rate for Monroe is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Monroe 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 Monroe
- The average income of a Monroe resident is $24,247 a year. The US average is $28,555 a year.
- The Median household income of a Monroe resident is $57,634 a year. The US average is $69,021 a year.