Cedar Grove, WI Economy


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Cedar Grove, WI is an attractive place to live due to its lower cost of living compared to the US average. The median 2 bedroom rent in Cedar Grove is $1,030 while it's $1,430 nationally. Additionally, the Grocery Cost Index in Cedar Grove is 97 versus 100 in the US so groceries are more affordable. Some popular companies in Cedar Grove include Kohnen & Patton Attorneys at Law, ABC Supply Co., and J&H Food Equipment. These businesses provide job opportunities for many local residents and visitors alike. With such favorable cost of living indices and a variety of employment opportunities, Cedar Grove proves to be an ideal location for those looking to relocate or visit Wisconsin.

Cedar Grove has an unemployment rate of 3.7%. The US average is 6.0%.

Cedar Grove has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Cedar Grove
- The Sales Tax Rate for Cedar Grove is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cedar Grove 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 Cedar Grove
- The average income of a Cedar Grove resident is $25,782 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Grove resident is $80,455 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Grove, WisconsinUnited States
  3.76
  -3.8%-6.2%
  37.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $38,878$37,638
  $80,455$69,021
  $101,576$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  3.5%6.8%
  25.0%10.0%
  7.0%2.5%
  14.1%11.0%
  3.6%4.8%
  2.5%0.8%
  0.6%1.9%
  5.8%4.7%
  0.8%1.9%
  4.4%7.6%
  0.0%0.1%
  0.7%4.2%
  7.2%9.3%
  14.5%14.0%
  1.4%2.1%
  2.1%7.0%
  2.2%4.8%
  2.7%4.7%
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