Shanagolden, WI Economy


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United States / Wisconsin / No Metro Area / Ashland County / Shanagolden / Zip Codes
Shanagolden, WI is an excellent place to live with many advantages. It has a lower cost of living than the US average. According to the data provided, the 2 bedroom rent in Shanagolden is $750 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Shanagolden is 94 compared to the US average of 100.
This city also offers a variety of employment opportunities for its residents. The primary economic drivers are retail and manufacturing sectors thanks to companies like Benthin Group Inc., Caravelle Industries Inc., and Elan Financial Services Corp. All three have operations within easy reach from Shanagolden as well as other businesses such as banks and restaurants that offer employment opportunities for local residents.
For those looking for recreational activities and entertainment, there are a number of parks and trails located around Shanagolden including the popular Oakleaf Trail. With its low cost of living, ample employment options, and recreational activities, Shanagolden is an ideal location for anyone looking for a great place to settle down and call home.

Shanagolden has an unemployment rate of 6.5%. The US average is 6.0%.

Shanagolden has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Shanagolden
- The Sales Tax Rate for Shanagolden is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Shanagolden 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 Shanagolden
- The average income of a Shanagolden resident is $32,033 a year. The US average is $28,555 a year.
- The Median household income of a Shanagolden resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShanagolden, WisconsinUnited States
  6.56
  -5.9%-6.2%
  31.6%33.5%
  5.5%6.2%
  6.3%4.6%
  $32,536$37,638
  $53,750$69,021
Family Median Income 85028
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