Gillett, Wisconsin is a small town with a population of around 1,300 people. It is home to the Gillett Co-op and the Hahn Manufacturing Company. The town has a very low cost of living compared to other parts of the country with an average two bedroom rent of $800 and a grocery cost index of only 91 versus 100 in the US. Despite its small size, Gillett is able to support itself financially due to its strong local businesses. The co-op provides goods for locals while Hahn Manufacturing employs over 400 people in the area. These employment opportunities have allowed Gillett's residents to achieve economic stability despite having limited resources and fewer job opportunities than other larger towns.
Gillett has an unemployment rate of 5.4%. The US average is 6.0%.
Gillett has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Gillett
- The Sales Tax Rate for Gillett is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Gillett 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 Gillett
- The average income of a Gillett resident is $20,243 a year. The US average is $28,555 a year.
- The Median household income of a Gillett resident is $47,386 a year. The US average is $69,021 a year.