Red River, WI Economy


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Red River, WI is an ideal place to live for those looking for an affordable yet comfortable lifestyle. With two bedroom rents at $960 compared to the US average of $1,430, Red River is much more affordable than other places in the country. Additionally, grocery costs are also much lower with an index of 94 compared to 100 in the US. This makes it easier to stretch your paycheck while still providing quality goods from local stores like Dick’s Supermarket and Roma's Pizza. Furthermore, the community of Red River has great amenities such as plentiful parks, interesting museums, and a variety of recreational activities. Living in Red River offers a great balance between affordability and quality of life that cannot be found elsewhere.

Red River has an unemployment rate of 3.8%. The US average is 6.0%.

Red River has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Red River
- The Sales Tax Rate for Red River is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Red River 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 Red River
- The average income of a Red River resident is $33,263 a year. The US average is $28,555 a year.
- The Median household income of a Red River resident is $88,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRed River, WisconsinUnited States
  3.86
  -4.1%-6.2%
  38.7%33.5%
  5.5%6.2%
  6.3%4.6%
  $40,892$37,638
  $88,125$69,021
  $99,167$85,028
  Population by Occupation
  7.2%1.2%
  0.0%0.5%
  7.8%6.8%
  16.6%10.0%
  2.7%2.5%
  10.2%11.0%
  5.4%4.8%
  1.7%0.8%
  1.1%1.9%
  7.8%4.7%
  0.9%1.9%
  4.5%7.6%
  0.4%0.1%
  2.1%4.2%
  4.7%9.3%
  12.6%14.0%
  0.4%2.1%
  9.1%7.0%
  3.6%4.8%
  1.1%4.7%
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