Wausau, Wisconsin is a great place to live due to its relatively low cost of living. The average rent for a two bedroom apartment in Wausau is $930 per month which is significantly lower than the US average of $1,430. Additionally, grocery costs in Wausau are 92 on the cost index whereas they are 100 in the US. This means that groceries in Wausau are 8% cheaper than the national average. This makes Wausau an attractive city for those looking for affordable housing and food options. Wausau has local companies such as Aspirus Health System, Schneider National Inc., Gannett Co., and Skyward Inc.. These organizations provide a number of job opportunities and contribute to the local economy. In conclusion, Wausau offers a competitive cost of living compared to other cities across the country while also providing great job prospects at large area employers.
Wausau has an unemployment rate of 4.6%. The US average is 6.0%.
Wausau has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.
Tax Rates for Wausau
- The Sales Tax Rate for Wausau is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wausau 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 Wausau
- The average income of a Wausau resident is $24,459 a year. The US average is $28,555 a year.
- The Median household income of a Wausau resident is $53,800 a year. The US average is $69,021 a year.