Rock Elm, WI Economy


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Rock Elm, WI is a quiet town situated in the north of Wisconsin with a population of around 3,000 people. The 2 Bedroom Rent in Rock Elm is cheaper compared to the US average of $1,430. Grocery Cost Index is also lower than that of the US, with 96 versus 100.
The town boasts several local businesses such as the Rock Elm Bakery & Café which serves freshly baked breads and pastries; Gray's General Store offering a variety of local goods; and Sweet & Sassy Boutique selling trendy clothes and accessories. Rock Elm also has its own elementary school where children can learn from dedicated teachers in a family-like atmosphere. For higher education, there are several universities and colleges located just an hour away from Rock Elm.
For visitors looking for something fun to do while in Rock Elm, they can take part in activities such as golfing at one of the many local golf courses or fishing on one of the nearby lakes. There are also plenty of hiking trails that offer breathtaking views of nature perfect for outdoor enthusiasts.

Rock Elm has an unemployment rate of 4.6%. The US average is 6.0%.

Rock Elm has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.

Tax Rates for Rock Elm
- The Sales Tax Rate for Rock Elm is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rock Elm 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 Rock Elm
- The average income of a Rock Elm resident is $23,306 a year. The US average is $28,555 a year.
- The Median household income of a Rock Elm resident is $72,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRock Elm, WisconsinUnited States
  4.66
  -5.5%-6.2%
  38.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $35,987$37,638
  $72,273$69,021
  $79,063$85,028
  Population by Occupation
  15.6%1.2%
  0.0%0.5%
  14.9%6.8%
  24.4%10.0%
  0.7%2.5%
  4.1%11.0%
  2.7%4.8%
  0.7%0.8%
  1.4%1.9%
  1.4%4.7%
  0.3%1.9%
  0.7%7.6%
  0.0%0.1%
  0.7%4.2%
  4.7%9.3%
  13.9%14.0%
  1.4%2.1%
  1.4%7.0%
  2.7%4.8%
  8.5%4.7%
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