New Auburn, WI Economy


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United States / Wisconsin / No Metro Area / Chippewa County / New Auburn / Zip Codes
New Auburn, WI is a small town in Wisconsin with a population of approximately 1,500 people. It is known for its affordability and the close-knit community within the town. The rent for a 2 bedroom apartment in New Auburn is $840 which is significantly lower than the US average of $1,430. This makes it an attractive option for those looking to rent or buy a house at an affordable price. In terms of grocery cost index, New Auburn has an index of 94 compared to the US average of 100. This indicates that groceries are cheaper in this area than other places in the US.
New Auburn is home to many local businesses including Bailey's Feed Store, Country Mart Grocery Store, and Mark & Jeff's Repair & Tire Service. There is also a library, post office, bank and several restaurants located within the town limits. All these amenities make New Auburn an ideal place to live for those looking for affordability and convenience.

New Auburn has an unemployment rate of 5.7%. The US average is 6.0%.

New Auburn has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.

Tax Rates for New Auburn
- The Sales Tax Rate for New Auburn is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Auburn 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 New Auburn
- The average income of a New Auburn resident is $20,640 a year. The US average is $28,555 a year.
- The Median household income of a New Auburn resident is $60,556 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Auburn, WisconsinUnited States
  5.76
  -3.4%-6.2%
  33.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $23,018$37,638
  $60,556$69,021
  $63,594$85,028
  Population by Occupation
  2.8%1.2%
  5.6%0.5%
  10.8%6.8%
  29.7%10.0%
  4.0%2.5%
  10.4%11.0%
  2.0%4.8%
  0.8%0.8%
  5.2%1.9%
  3.6%4.7%
  0.8%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.8%9.3%
  13.7%14.0%
  0.0%2.1%
  3.6%7.0%
  0.8%4.8%
  1.2%4.7%
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