Foster, Wisconsin is a small town located in the western part of the state. Although it is not a large city, Foster has plenty to offer its residents. Not only are there many local companies in this area such as Foster Farms, Hometown Hardware, and Main Street Cafe, but the cost of living is also quite inexpensive. As seen from the data provided, rent for a two-bedroom home in Foster is $840 which is considerably lower than the national average of $1,430. Furthermore, grocery costs in Foster have an index score of 93 versus 100 nationally; this means that overall food prices are generally lower in Foster than other areas. In conclusion, Foster provides an inexpensive lifestyle with plenty of local businesses for its residents to enjoy.
Foster has an unemployment rate of 4.5%. The US average is 6.0%.
Foster has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Foster
- The Sales Tax Rate for Foster is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Foster 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 Foster
- The average income of a Foster resident is $41,224 a year. The US average is $28,555 a year.
- The Median household income of a Foster resident is $53,542 a year. The US average is $69,021 a year.