Brookfield, WI is a city located in the suburbs of Milwaukee with a population of about 38,000. The city is known for its lively entertainment scene and top-rated hospitals. Major local employers include Gehl Foods, Briggs & Stratton Corporation, and Fiserv. Furthermore, Brookfield has become an attractive place to live due to its lower cost of living compared to the national average. The median two bedroom rent in Brookfield is $1,670 which is significantly lower than the US median two bedroom rent at $1,430. Additionally, the grocery cost index in Brookfield stands at 101 while it stands at 100 in the US overall. All these factors make Brookfield a great place to live and work!
Brookfield has an unemployment rate of 3.5%. The US average is 6.0%.
Brookfield has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Brookfield
- The Sales Tax Rate for Brookfield is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Brookfield 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 Brookfield
- The average income of a Brookfield resident is $47,205 a year. The US average is $28,555 a year.
- The Median household income of a Brookfield resident is $110,616 a year. The US average is $69,021 a year.