North Bay, WI Economy


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North Bay, WI is a great place to live - it’s small enough to feel like home, but big enough to have plenty of amenities and fun activities. The two bedroom rent is very affordable compared to the US average at just $1,040 per month. Groceries are also cheaper than the national average with an index of 98 - which means you can stretch your dollar even further. There are several local companies and restaurants in North Bay such as Bill’s Family Restaurant, The Bait Shop and Gander Outdoors. North Bay also has several parks and trails for outdoor recreation including Otter Creek Trail, Cozy Harbor Park and Copper Falls State Park. No matter what you're looking for, you'll find something wonderful in North Bay!

North Bay has an unemployment rate of 5.9%. The US average is 6.0%.

North Bay has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for North Bay
- The Sales Tax Rate for North Bay is 5.1%. The US average is 7.3%.
- The Income Tax Rate for North Bay 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 North Bay
- The average income of a North Bay resident is $51,392 a year. The US average is $28,555 a year.
- The Median household income of a North Bay resident is $98,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Bay, WisconsinUnited States
  5.96
  -4.3%-6.2%
  29.3%33.5%
  5.1%6.2%
  6.3%4.6%
  $70,394$37,638
  $98,125$69,021
  $140,278$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  9.0%6.8%
  18.0%10.0%
  4.5%2.5%
  5.6%11.0%
  2.2%4.8%
  0.0%0.8%
  0.0%1.9%
  4.5%4.7%
  1.1%1.9%
  5.6%7.6%
  0.0%0.1%
  6.7%4.2%
  7.9%9.3%
  12.4%14.0%
  0.0%2.1%
  7.9%7.0%
  4.5%4.8%
  9.0%4.7%
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