Mount Ida, Wisconsin is a small town located near the eastern border of the state. It is home to several local businesses such as Mary’s Diner, W&G Automotive Repair, and Mount Ida Market. Additionally, there are several recreational activities within the area for visitors to enjoy such as hiking at Lake Blythe, fishing on Silver Lake River, or shopping at Little Creek Mall. The cost of living in Mount Ida is relatively low with 2 bedroom rentals costing approximately $820 per month and grocery costs being 94 compared to 100 in the US. This makes it an attractive option for those looking for a more affordable lifestyle.
Mount Ida has an unemployment rate of 3.8%. The US average is 6.0%.
Mount Ida has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Mount Ida
- The Sales Tax Rate for Mount Ida is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mount Ida 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 Mount Ida
- The average income of a Mount Ida resident is $25,075 a year. The US average is $37,638 a year.
- The Median household income of a Mount Ida resident is $53,646 a year. The US average is $69,021 a year.