Collins, WI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Collins, WI is a small town located in the Northeast region of Wisconsin. It has a population of just around 4,000 people and is known for its rural charm. The cost of living here is much lower than in many other areas, with 2 bedroom rent costing an average of $860 compared to the US average of $1,430. For groceries, Collins fares even better with a grocery cost index of 91 whereas the US average is 100. This makes it an attractive place for residents looking to save money on their living costs.
The town has several local companies that are important to the community, such as Collins Repair and Maintenance which provides mechanical repairs for cars and trucks and also offers boat repair services. There’s also Lower Fox Valley Landscaping which helps homeowners with their garden and landscaping needs, as well as Uptown Auto Body which provides quality auto body repair services. These businesses have been around for many years and contribute to the local economy by providing jobs and products to the community.

Collins has an unemployment rate of 4.7%. The US average is 6.0%.

Collins has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.

Tax Rates for Collins
- The Sales Tax Rate for Collins is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Collins 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 Collins
- The average income of a Collins resident is $27,997 a year. The US average is $28,555 a year.
- The Median household income of a Collins resident is $59,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCollins, WisconsinUnited States
  4.76
  -3.8%-6.2%
  28.2%33.5%
  5.0%6.2%
  6.3%4.6%
  $32,001$37,638
  $59,375$69,021
  $68,958$85,028
  Population by Occupation
  3.3%1.2%
  1.7%0.5%
  32.5%6.8%
  34.2%10.0%
  0.0%2.5%
  4.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  3.3%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  0.0%4.2%
  0.8%9.3%
  3.3%14.0%
  0.0%2.1%
  9.2%7.0%
  3.3%4.8%
  3.3%4.7%
Health
Compare Collins, WI
cost of living
Compare food, housing, utilities, and more in Collins, Wisconsin to any other city in the US.