Bayfield, WI is a small city located along the shore of Lake Superior. It is known for its beautiful scenery, quaint atmosphere, and many outdoor activities. The 2 bedroom rent in Bayfield is much lower than the national average at $840 compared to $1,430 in the US. Additionally, the grocery cost index in Bayfield is only 98 versus 100 in the US which makes it an attractive place to live and work.
Local companies such as Harvest Moon Cottages, Nelson Cheese Factory and Wild Rice Restaurant are popular places to visit and work. There are also many attractions such as Madeline Island Museum and Apostle Islands National Lakeshore where you can explore nature's beauty. On top of that there are many annual events like the Bayfield Apple Fest or the Chequamegon Fat Tire Festival where people come together to celebrate the community.
Bayfield has an unemployment rate of 8.5%. The US average is 6.0%.
Bayfield has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Bayfield
- The Sales Tax Rate for Bayfield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bayfield 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 Bayfield
- The average income of a Bayfield resident is $27,256 a year. The US average is $28,555 a year.
- The Median household income of a Bayfield resident is $77,583 a year. The US average is $69,021 a year.