Clay Banks, WI is a small rural town located in the northeast of Wisconsin. It has a population of just over 2,000 inhabitants and is known for its scenic landscape and quaint charm. It is a popular destination for outdoor enthusiasts, with plenty of hiking trails, parks, and rivers to explore. The average two-bedroom apartment rental cost in Clay Banks is $910, significantly lower than the national average of $1,430. Grocery costs are also considerably lower in Clay Banks with an index score at 93 compared to 100 in the United States. The local economy is bustling with several businesses calling Clay Banks home including Northwoods Properties LLC (real estate), Bank Mutual (financial services), and Judy's Diner (restaurant). As such, Clay Banks offers a comfortable lifestyle with quality amenities at an affordable price.
Clay Banks has an unemployment rate of 7.4%. The US average is 6.0%.
Clay Banks has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Clay Banks
- The Sales Tax Rate for Clay Banks is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Clay Banks 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 Clay Banks
- The average income of a Clay Banks resident is $28,272 a year. The US average is $28,555 a year.
- The Median household income of a Clay Banks resident is $80,000 a year. The US average is $69,021 a year.