Cambridge, WI is an attractive city for potential residents. It offers a comfortable cost of living with the average two bedroom rent at $1,200 a month, while the US average is $1,430. The local grocery cost index in Cambridge is 98 compared to 100 in the US as well. There are many quality businesses within the area including Cambridge International Inc., Canvas People Inc., and Cambridge Plastics Inc. All offer great job opportunities for those seeking work in the community. Living in Cambridge also means having an array of entertainment options such as movie theaters, restaurants, and parks. With its affordable cost of living and numerous job opportunities, it's no wonder why so many people choose to move to Cambridge.
Cambridge has an unemployment rate of 3.5%. The US average is 6.0%.
Cambridge 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 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Cambridge
- The Sales Tax Rate for Cambridge is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cambridge 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 Cambridge
- The average income of a Cambridge resident is $43,496 a year. The US average is $37,638 a year.
- The Median household income of a Cambridge resident is $84,868 a year. The US average is $69,021 a year.