Richwood, WI is a small rural community in Wisconsin’s Waushara County. It lies on the banks of the Mecan River and the population currently stands at 486 people. Richwood is known for its peaceful nature and great outdoor recreational opportunities such as fishing, hunting and hiking. The cost of living in Richwood is quite low with 2 bedroom rent averaging around $840 per month and that the Grocery Cost Index is 94 versus 100 in the US. The town has some local businesses including a bakery called “Cake & Cafe”, a convenience store called “Town Center Market” and a hardware store called “Richwood Ace Hardware”. Richwood also has two churches: St. Paul United Methodist Church and St. Peter Catholic Church. The local school district serves students from pre-kindergarten to 8th grade from Richwood and surrounding townships. There are also several parks located throughout the town including Riverside Park which offers picnic shelters, basketball courts, playgrounds, bike trails, volleyball courts and much more. All in all, Richwood is an ideal location for anyone who wants to enjoy peace and quiet while still having access to modern conveniences close by.
Richwood has an unemployment rate of 4.5%. The US average is 6.0%.
Richwood has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Richwood
- The Sales Tax Rate for Richwood is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Richwood 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 Richwood
- The average income of a Richwood resident is $24,194 a year. The US average is $28,555 a year.
- The Median household income of a Richwood resident is $53,088 a year. The US average is $69,021 a year.