Mount Sterling, Wisconsin is a small town nestled in the rolling hills of southwestern Wisconsin. Home to just over 500 people, Mount Sterling provides an affordable and quality lifestyle for those looking to escape from city life. The two bedroom rent in Mount Sterling is $820, significantly lower than the US average of $1,430. Furthermore, the local grocery cost index is 94 versus 100 in the US. This shows that Mount Sterling has a lower cost of living overall. Local companies such as Bright Spot Dairy Farm and Wiedenbeck Farms provide jobs to support this small community. With its low cost of living and friendly locals, Mount Sterling will make anyone feel right at home.
Mount Sterling has an unemployment rate of 6.2%. The US average is 6.0%.
Mount Sterling has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Mount Sterling
- The Sales Tax Rate for Mount Sterling is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mount Sterling 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 Sterling
- The average income of a Mount Sterling resident is $19,142 a year. The US average is $28,555 a year.
- The Median household income of a Mount Sterling resident is $42,778 a year. The US average is $69,021 a year.