Cornell, Wisconsin is a small community located in Chippewa County. With its population of 1,081 people, it provides a unique balance between rural and urban life. Due to its location near the Eau Claire and Chippewa Rivers, people can enjoy great outdoor activities such as camping, fishing, hunting, kayaking and canoeing. In terms of housing affordability, the two bedroom rent in Cornell is $800 compared to the US median of $1,430 according to 2019 statistics. Additionally, Cornell offers a great grocery cost index rating of 90 compared to 100 in the US which suggests that purchasing groceries is less expensive than in other parts of the country. Residents have access to several local companies and attractions near Cornell including Birch Point Golf Course, The Deerview General Store & Family Restaurant, Cole’s Clover Meadow Creamery and Access Sport & Fitness.
Cornell has an unemployment rate of 5.7%. The US average is 6.0%.
Cornell 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 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Cornell
- The Sales Tax Rate for Cornell is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cornell 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 Cornell
- The average income of a Cornell resident is $21,766 a year. The US average is $28,555 a year.
- The Median household income of a Cornell resident is $53,750 a year. The US average is $69,021 a year.