Fairbanks, WI is a great place to live! With two bedroom rent at just $810 compared to the US average of $1,430, it's a great bargain. Grocery costs are also lower in Fairbanks, with an index of 92 compared to 100 nationwide. There are many local businesses and companies located in Fairbanks where you can find employment or shop for your daily needs. Local grocery stores include Joe's Supermarket and Gelson's Market, while popular restaurants like Tea & Coffee Co. and The Little Cafe provide delicious meals in the area. Fairbanks is also home to several tech companies such as Tech Solutions and Data-Tech Consultants who specialize in computer services for homes and businesses across the area.
Fairbanks has an unemployment rate of 4.9%. The US average is 6.0%.
Fairbanks has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Fairbanks
- The Sales Tax Rate for Fairbanks is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fairbanks 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 Fairbanks
- The average income of a Fairbanks resident is $22,827 a year. The US average is $28,555 a year.
- The Median household income of a Fairbanks resident is $61,250 a year. The US average is $69,021 a year.