Bone Lake, Wisconsin is a picturesque city located in Polk County. It is known for its beautiful natural landscapes and lakeside community. The cost of living in Bone Lake is relatively low compared to the national average. For example, the average rent for a two bedroom apartment here is only $960, while the same apartment would cost $1,430 nationwide. Additionally, residents here benefit from a low grocery cost index of 96 versus 100 in the US. There are many local businesses in Bone Lake including restaurants such as County Line Bar & Grill, places to shop like Uptown Antiques & Collectibles, and recreational activities like Cedar Crest Resort & Marina. With its low cost of living and abundance of amenities, it's no wonder Bone Lake remains one of the most desirable places to live in Polk County!
Bone Lake has an unemployment rate of 6.1%. The US average is 6.0%.
Bone Lake 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 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Bone Lake
- The Sales Tax Rate for Bone Lake is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bone Lake 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 Bone Lake
- The average income of a Bone Lake resident is $25,294 a year. The US average is $28,555 a year.
- The Median household income of a Bone Lake resident is $92,188 a year. The US average is $69,021 a year.