Fox Point, Wisconsin is a great place to live with plenty of local amenities. It's close-knit community feel, has helped many of the local businesses to thrive in the area, such as Fox Point Foods, Fox Point Auto Repair, and The Friendly Fox Pub. The cost of living in Fox Point is slightly higher than the national average when it comes to rent for two bedroom apartments which averages at $1,610 while around the US it is $1,430. However grocery costs are slightly lower than the national average at 102 versus 100 in the US. All in all Fox Point offers a great quality of life with plenty of activities for people young and old alike.
Fox Point has an unemployment rate of 6.3%. The US average is 6.0%.
Fox Point has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Fox Point
- The Sales Tax Rate for Fox Point is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Fox Point 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 Fox Point
- The average income of a Fox Point resident is $87,404 a year. The US average is $37,638 a year.
- The Median household income of a Fox Point resident is $120,714 a year. The US average is $69,021 a year.