Rio, WI is a town with many local businesses that provide essential services to its residents. Companies like Don's Market, Johnson's Stationery, and The Great Outdoors are just some of the businesses that can be found in Rio. The average 2 bedroom rent in Rio is significantly lower than the US average at $1,080 compared to $1,430. Additionally, the Grocery Cost Index is 94 compared to 100 across the US as a whole. This means groceries in Rio cost 6% less than the national average making it an attractive place for those looking for affordability.
Rio has an unemployment rate of 4.6%. The US average is 6.0%.
Rio has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Rio
- The Sales Tax Rate for Rio is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rio 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 Rio
- The average income of a Rio resident is $35,755 a year. The US average is $37,638 a year.
- The Median household income of a Rio resident is $61,944 a year. The US average is $69,021 a year.