Rock Springs, WI is a small, picturesque town located in the southern part of the state. Despite its size, it offers low cost of living compared to the rest of the country, with the average 2 bedroom rent at $960 compared to $1,430 in the US. Grocery prices also remain lower than average, with an index of 95 compared to 100 nationwide. The local economy is driven by small businesses like Rock Springs Floral and Gifts and Adamson Marine Construction Inc., which are both popular destinations for shopping and services within the local community.
Rock Springs has an unemployment rate of 5.6%. The US average is 6.0%.
Rock Springs has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Rock Springs
- The Sales Tax Rate for Rock Springs is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rock Springs 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 Springs
- The average income of a Rock Springs resident is $20,738 a year. The US average is $28,555 a year.
- The Median household income of a Rock Springs resident is $70,385 a year. The US average is $69,021 a year.