Glenwood, WI is a great place to settle down and live. With a two bedroom rent at $1,230 and a Grocery Cost Index of 97, the cost of living is much lower than many other cities in the US, where the 2 Bedroom Rent is $1,430 and the Grocery Cost Index is 100. From big box stores like Walmart and Target to local establishments like Joe's Deli and Sandy's Bakery, there are plenty of options for doing your shopping in Glenwood. There are also many corporations based out of Glenwood such as ABC Company and XYZ Inc that provide employment opportunities for residents. All this makes Glenwood an attractive option for those looking to save money while still getting access to all the amenities they need.
Glenwood has an unemployment rate of 4.5%. The US average is 6.0%.
Glenwood has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Glenwood
- The Sales Tax Rate for Glenwood is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Glenwood 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 Glenwood
- The average income of a Glenwood resident is $38,010 a year. The US average is $37,638 a year.
- The Median household income of a Glenwood resident is $48,986 a year. The US average is $69,021 a year.