Rantoul, WI Economy


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Rantoul, WI is a small town located in the heart of Wisconsin that provides its citizens with many benefits. The cost of living in Rantoul is well below the US average - two bedroom rents are nearly half the national average at $850, and the Grocery Cost Index is only 93 compared to 100 in the US. \nLiving in Rantoul offers residents access to many local businesses, such as Village Food Mart, Fox Brothers Hardware Center, and Rantoul Spoke & Wheel Bicycle Shop. These businesses provide residents with employment opportunities as well as convenient access to goods and services. Additionally, recreation abounds in Rantoul through activities like camping at Silver Lake or biking on one of the many trails around town. \nRantoul is an ideal place for those looking to enjoy a quiet life away from the hustle and bustle of bigger cities while still having access to necessary amenities and activities.

Rantoul has an unemployment rate of 3.6%. The US average is 6.0%.

Rantoul has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for Rantoul
- The Sales Tax Rate for Rantoul is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Rantoul 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 Rantoul
- The average income of a Rantoul resident is $35,028 a year. The US average is $28,555 a year.
- The Median household income of a Rantoul resident is $88,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRantoul, WisconsinUnited States
  3.66
  -3.0%-6.2%
  34.7%33.5%
  5.5%6.2%
  6.3%4.6%
  $40,837$37,638
  $88,750$69,021
  $91,250$85,028
  Population by Occupation
  7.3%1.2%
  0.0%0.5%
  7.3%6.8%
  27.7%10.0%
  5.4%2.5%
  2.9%11.0%
  3.9%4.8%
  0.0%0.8%
  0.0%1.9%
  8.3%4.7%
  2.1%1.9%
  1.8%7.6%
  0.0%0.1%
  1.8%4.2%
  6.2%9.3%
  12.4%14.0%
  0.0%2.1%
  3.6%7.0%
  5.4%4.8%
  3.9%4.7%
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