Tripp, WI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Wisconsin / No Metro Area / Bayfield County / Tripp / Zip Codes
Tripp, WI is a small town located in the Midwest. It's known for its pleasant weather and great outdoors activities such as fishing, hunting, camping and more. The cost of living in Tripp is low compared to other areas of the country with rent for a two bedroom apartment costing only $830, while the US average is $1,430. Grocery cost index in Tripp is also lower than the US average at 97 versus 100. Some local businesses include Tripp Credit Union, Tripp Lumber, and The Grand City Inn.

Tripp has an unemployment rate of 8.5%. The US average is 6.0%.

Tripp has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Tripp
- The Sales Tax Rate for Tripp is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Tripp 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 Tripp
- The average income of a Tripp resident is $25,151 a year. The US average is $28,555 a year.
- The Median household income of a Tripp resident is $88,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTripp, WisconsinUnited States
  8.56
  -5.7%-6.2%
  31.9%33.5%
  5.5%6.2%
  6.3%4.6%
  $46,593$37,638
  $88,875$69,021
  $101,750$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  21.7%6.8%
  18.1%10.0%
  0.0%2.5%
  5.8%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  2.9%4.7%
  5.8%1.9%
  5.1%7.6%
  0.0%0.1%
  0.0%4.2%
  1.4%9.3%
  21.0%14.0%
  0.0%2.1%
  0.0%7.0%
  4.3%4.8%
  3.6%4.7%
Health
Compare Tripp, WI
cost of living
Compare food, housing, utilities, and more in Tripp, Wisconsin to any other city in the US.