Caroline, WI is a small town located in the northern part of Wisconsin. With a population of around 5,000 people, it is a quaint and cozy community. The cost of living in Caroline is quite low due to its proximity to larger cities; the average rent for a two-bedroom apartment is $880 per month compared with $1,430 across the US. Groceries also tend to be cheaper here with an index score of 91 versus the 100 national average. There are various local businesses that call Caroline home such as Joe's Diner, White Oak Bakery, and The Book Nook. All in all, living in Caroline makes for an enjoyable experience because it has everything necessary without being too expensive.
Caroline has an unemployment rate of 4.9%. The US average is 6.0%.
Caroline has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Caroline
- The Sales Tax Rate for Caroline is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Caroline 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 Caroline
- The average income of a Caroline resident is $24,458 a year. The US average is $28,555 a year.
- The Median household income of a Caroline resident is $64,412 a year. The US average is $69,021 a year.