Gibbsville, WI Economy


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Gibbsville, WI is a small city located in the Midwest of the United States. It has a population of about 2,300 people and an average two-bedroom rent at $920 per month which is much lower than the national average at $1,430. The cost of groceries is also lower than the US average with a Grocery Cost Index of 95 versus 100 nationally. Gibbsville offers many local amenities for its citizens including shopping and dining experiences in its downtown district and recreational activities such as hiking trails and swimming pools. There are also multiple large companies based out of Gibbsville such as KX Industries, Atlas Foundry, and the Gota Group.

Gibbsville has an unemployment rate of 3.7%. The US average is 6.0%.

Gibbsville has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Gibbsville
- The Sales Tax Rate for Gibbsville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Gibbsville 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 Gibbsville
- The average income of a Gibbsville resident is $25,146 a year. The US average is $28,555 a year.
- The Median household income of a Gibbsville resident is $76,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGibbsville, WisconsinUnited States
  3.76
  -3.8%-6.2%
  37.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $37,730$37,638
  $76,563$69,021
  $110,833$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.0%6.8%
  38.0%10.0%
  0.0%2.5%
  13.0%11.0%
  9.4%4.8%
  0.0%0.8%
  0.0%1.9%
  7.1%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  0.0%4.2%
  6.2%9.3%
  7.8%14.0%
  0.0%2.1%
  0.0%7.0%
  2.6%4.8%
  1.9%4.7%
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