Watterstown, WI is a small town located in the south east part of Wisconsin. This town has a population of about 2,000 people and is known for its great schools and vibrant downtown area. The rent for a two bedroom apartment in Watterstown, WI is $850 per month while it is $1,430 on average in the United States. The cost of groceries is slightly lower than the national average with a grocery cost index of 94 compared to 100 in the U.S. Watterstown also has many businesses such as Kranz Manufacturing Co., Ahern Rentals Inc., and JD's Body Shop Ltd., which provide residents with job opportunities and help keep the local economy afloat. All things considered, Watterstown has an affordable cost of living and offers plenty of amenities for its citizens.
Watterstown has an unemployment rate of 3.8%. The US average is 6.0%.
Watterstown has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Watterstown
- The Sales Tax Rate for Watterstown is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Watterstown 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 Watterstown
- The average income of a Watterstown resident is $24,020 a year. The US average is $28,555 a year.
- The Median household income of a Watterstown resident is $47,372 a year. The US average is $69,021 a year.