Florence, Wisconsin is a small city located in the northeastern part of Wisconsin, about halfway between Green Bay and Marinette. The population of Florence is approximately 3,000 people. It has a charming small-town atmosphere with several local businesses including restaurants, bars, stores, and various service providers such as plumbers and electricians. The cost of living in Florence compared to the US is generally cheaper due to lower real estate values and rental costs; a two bedroom residence can be rented for around $1,000 per month. Additionally, groceries are slightly more affordable than the national average; the grocery cost index in Florence is 93 while in the US it's 100. All considered, Florence offers an excellent quality of life at an affordable price.
Florence has an unemployment rate of 6.4%. The US average is 6.0%.
Florence has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Florence
- The Sales Tax Rate for Florence is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Florence 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 Florence
- The average income of a Florence resident is $32,222 a year. The US average is $37,638 a year.
- The Median household income of a Florence resident is $50,481 a year. The US average is $69,021 a year.