Wisconsin Rapids, WI is a bustling city located in the heart of Wisconsin. With numerous local businesses, it offers an array of amenities that make it a desirable place to live. The rent for a two-bedroom apartment is significantly lower than that of other cities at just $850. The cost of living is also quite low compared to the US average, with groceries costing only 91% of the national average. Popular local companies include Rivers Edge Foods, Midwest Paper Group, and Consolidated Construction Company. With affordable housing and low costs overall, Wisconsin Rapids is an attractive choice for those looking to settle in the area.
Wisconsin Rapids has an unemployment rate of 5.8%. The US average is 6.0%.
Wisconsin Rapids has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Wisconsin Rapids
- The Sales Tax Rate for Wisconsin Rapids is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wisconsin Rapids 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 Wisconsin Rapids
- The average income of a Wisconsin Rapids resident is $22,404 a year. The US average is $28,555 a year.
- The Median household income of a Wisconsin Rapids resident is $46,644 a year. The US average is $69,021 a year.