Beaver Dam, WI is a great place to call home. It is a small city with a friendly atmosphere and plenty of local amenities. There are several local companies in Beaver Dam, such as Badger Dodge Chrysler Jeep Ram, Associated Bank, Verve Credit Union, and Piggly Wiggly Grocery Store. The cost of living in Beaver Dam is quite reasonable compared to other cities in the US. According to recent data, 2 Bedroom Rent in Beaver Dam is $920 while the US average is $1,430. Similarly, the Grocery Cost Index in Beaver Dam is 94 versus 100 in the US. This makes Beaver Dam an ideal location for those looking for an affordable yet quality lifestyle.
Beaver Dam has an unemployment rate of 4.3%. The US average is 6.0%.
Beaver Dam has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Beaver Dam
- The Sales Tax Rate for Beaver Dam is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Beaver Dam 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 Beaver Dam
- The average income of a Beaver Dam resident is $24,193 a year. The US average is $28,555 a year.
- The Median household income of a Beaver Dam resident is $59,296 a year. The US average is $69,021 a year.