Sylvan, WI Economy


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United States / Wisconsin / No Metro Area / Richland County / Sylvan / Zip Codes
Sylvan, WI is a small town located in Wisconsin. It offers affordable living options with two-bedroom rents averaging $830 compared to the US average of $1430. The cost of living in this area is also significantly lower than the rest of the country, with a Grocery Cost Index rating of 92 compared to 100 in the US. Popular local companies include Americollect, Zuern Building Products and Highline Manufacturing Corp. All of these companies help to create an economy that supports the community and its residents. Sylvan residents enjoy a high quality of life while still paying much less for goods and services than those living in other parts of the United States.

Sylvan has an unemployment rate of 4.5%. The US average is 6.0%.

Sylvan has seen the job market decrease by -3.6% 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 Sylvan
- The Sales Tax Rate for Sylvan is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sylvan 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 Sylvan
- The average income of a Sylvan resident is $21,077 a year. The US average is $37,638 a year.
- The Median household income of a Sylvan resident is $54,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySylvan, WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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