Cassel, WI Economy


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Cassel, WI is a small town located in the North Central region of Wisconsin. It is a peaceful community that offers a unique blend of rural and urban amenities. The population of Cassel is relatively small with approximately 1,000 people living here. The rental rates for two bedroom apartments are very affordable at an average of $900 per month. Additionally, the grocery cost index in Cassel is 94 compared to 100 in the US which implies that groceries are generally more affordable here than other places in the country.
In terms of local companies, there are several establishments that operate out of Cassel including K&K Grocery Store, Red Barn Antiques & Collectables, D&D Automotive Services, and LaCore Tax Solutions. These businesses provide goods and services that enable residents to live comfortably and conveniently without having to leave town.
Overall, Cassel is an excellent place for those who want to experience a peaceful lifestyle without sacrificing access to basic necessities or entertainment opportunities. The cost of living is fairly low with two bedroom rent averaging around $900 and groceries costing about 6% less than other places in the US. This makes it an ideal destination for households on a budget as well as those who prefer a rural lifestyle over city life.

Cassel has an unemployment rate of 3.8%. The US average is 6.0%.

Cassel has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.

Tax Rates for Cassel
- The Sales Tax Rate for Cassel is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cassel 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 Cassel
- The average income of a Cassel resident is $28,381 a year. The US average is $28,555 a year.
- The Median household income of a Cassel resident is $72,426 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCassel, WisconsinUnited States
  3.86
  -3.2%-6.2%
  35.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $37,984$37,638
  $72,426$69,021
  $72,426$85,028
  Population by Occupation
  6.8%1.2%
  0.0%0.5%
  4.2%6.8%
  24.1%10.0%
  3.7%2.5%
  17.0%11.0%
  4.8%4.8%
  0.6%0.8%
  1.4%1.9%
  6.4%4.7%
  0.0%1.9%
  2.5%7.6%
  0.0%0.1%
  0.6%4.2%
  3.7%9.3%
  15.3%14.0%
  0.6%2.1%
  2.3%7.0%
  3.3%4.8%
  2.9%4.7%
Health
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