Willow, WI is a small town located on the outskirts of Madison and is known for its tight-knit community. The average 2 bedroom rent in Willow is $840 which is significantly lower than the national average of $1,430. This low rent rate makes Willow an ideal place for those looking for affordable housing in Wisconsin. Aside from housing costs, the grocery cost index in Willow is 94 compared to 100 in the US. This relative affordability contributes to an overall low cost of living in Willow, WI. The town also has numerous local businesses such as Big Apple Bagels, Fitness 1440 and Moe's BBQ which give residents access to quality services at competitive prices. All these factors make Willow a great place for people looking for a comfortable lifestyle without breaking their budget.
Willow has an unemployment rate of 4.5%. The US average is 6.0%.
Willow has seen the job market increase by 0.2% 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 Willow
- The Sales Tax Rate for Willow is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Willow 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 Willow
- The average income of a Willow resident is $24,234 a year. The US average is $28,555 a year.
- The Median household income of a Willow resident is $51,250 a year. The US average is $69,021 a year.