Akan, WI is an idyllic small town located in the northern part of the state. It is home to several local businesses such as Smith's Bakery, Johnson's Hardware Store and Davis Groceries. The town has a pleasant climate with mild summers and cold winters. Akan is also surrounded by stunning natural scenery which includes lush forests and crystal-clear lakes. For those looking for a cost-effective place to call home, 2 bedroom rent in Akan is only $830 compared to the US average of $1,430. Furthermore, groceries are much more affordable in Akan as its Grocery Cost Index stands at 95 versus 100 in the US. All things considered, Akan offers a great mix of convenience and affordability that make it an ideal place to live or visit.
Akan has an unemployment rate of 4.5%. The US average is 6.0%.
Akan has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Akan
- The Sales Tax Rate for Akan is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Akan 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 Akan
- The average income of a Akan resident is $23,274 a year. The US average is $28,555 a year.
- The Median household income of a Akan resident is $64,886 a year. The US average is $69,021 a year.