Dakota, WI is a small town in Wisconsin with a population of just under 3,000 people. It has many local businesses that have been around for years and provide essential services to the community. These businesses include grocery stores like Grocer's Pride, hardware stores like Dakota Hardware and Supply Co., and rental companies like Northland Rental Co. The cost of living in Dakota is relatively low when compared to other areas of the country, with average 2-bedroom rent being $850 compared to the US average of $1,430. Additionally, grocery prices are slightly lower than the national average at 93 on the cost index versus 100 nationally.
Dakota has an unemployment rate of 6.1%. The US average is 6.0%.
Dakota has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Dakota
- The Sales Tax Rate for Dakota is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Dakota 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 Dakota
- The average income of a Dakota resident is $23,103 a year. The US average is $28,555 a year.
- The Median household income of a Dakota resident is $52,019 a year. The US average is $69,021 a year.