Menominee, WI is an attractive destination for those looking for an affordable place to live. The cost of two-bedroom rent in Menominee is $830, nearly half of the national average of $1,430. Grocery costs are also lower than the national average with a grocery cost index of 90 compared to 100 in the US.
In addition, Menominee offers plenty of opportunities to work and play. Local companies drive the economy with employers such as Menominee Animal Hospital and Loggers Brewing Company providing ample career prospects. In terms of leisure activities, you can enjoy fishing at Ballard’s Pond or hit the slopes at Ski Brule just a short drive away.
Overall, Menominee boasts a low cost of living combined with plenty of job and recreational opportunities – making it an ideal place to call home!
Menominee has an unemployment rate of 9.2%. The US average is 6.0%.
Menominee has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Menominee
- The Sales Tax Rate for Menominee is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Menominee 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 Menominee
- The average income of a Menominee resident is $21,169 a year. The US average is $37,638 a year.
- The Median household income of a Menominee resident is $54,940 a year. The US average is $69,021 a year.