Gibson, WI Economy


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Gibson, WI is a small city located in central Wisconsin and has a population of around 1,000 people. Despite its small size, Gibson is home to a variety of businesses including Widewaters Manufacturing Company, Old Time Saloon & Grill, and Cheesemaker's Pub & Restaurant. The cost of living in Gibson is quite low compared to the U.S. average; for example, two bedroom rental prices are $930 per month versus $1,430 nationwide. Similarly, the grocery cost index in Gibson stands at 92 compared to 100 on average across the United States. This makes Gibson an ideal location for those looking for an affordable place to live that is still close enough to larger cities for convenient access to amenities like shopping and dining out.

Gibson has an unemployment rate of 4.7%. The US average is 6.0%.

Gibson has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.

Tax Rates for Gibson
- The Sales Tax Rate for Gibson is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Gibson 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 Gibson
- The average income of a Gibson resident is $33,826 a year. The US average is $37,638 a year.
- The Median household income of a Gibson resident is $69,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGibson, WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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