Franks Field, WI is a great place to live with its small-town charm and low-cost living. The average two-bedroom rent in Franks Field is only $800 compared to the US average of $1,430. The grocery cost index in Franks Field is 95 versus 100 in the US making groceries more affordable in this area. With that being said, there are many local companies in Franks Field such as Kwik Trip, Braun’s Power Sports, May’s Antiques & Collectibles and more that add to the community’s livelihood. All these factors make Franks Field an attractive place to live with a comfortable yet affordable cost of living.
Franks Field has an unemployment rate of 6.5%. The US average is 6.0%.
Franks Field has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Franks Field
- The Sales Tax Rate for Franks Field is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Franks Field 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 Franks Field
- The average income of a Franks Field resident is $20,257 a year. The US average is $28,555 a year.
- The Median household income of a Franks Field resident is $21,250 a year. The US average is $69,021 a year.