Hingham, WI Economy


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Hingham, WI is a small town located in the northern part of Wisconsin. It is known for its scenic views and friendly atmosphere. The average cost of a 2 bedroom rental in Hingham is $940, which is considerably lower than the national average of $1,430. The Grocery Cost Index also indicates that groceries are cheaper here than the rest of the US at 96 versus 100.
Hingham is home to several local businesses including Ewert Farms, which produces locally sourced dairy products such as cheese and ice cream; Hingham Lumber Company, which specializes in lumber sales and milling services; and Ervin's Auto Repair, an auto repair shop that has been in business since 1976.

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

Hingham 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 Hingham
- The Sales Tax Rate for Hingham is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hingham 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 Hingham
- The average income of a Hingham resident is $28,231 a year. The US average is $28,555 a year.
- The Median household income of a Hingham resident is $91,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHingham, WisconsinUnited States
  3.76
  -3.8%-6.2%
  37.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $35,133$37,638
  $91,750$69,021
  $100,000$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  8.2%6.8%
  19.8%10.0%
  2.1%2.5%
  11.2%11.0%
  0.0%4.8%
  2.1%0.8%
  1.3%1.9%
  8.4%4.7%
  1.3%1.9%
  1.7%7.6%
  0.0%0.1%
  3.6%4.2%
  9.5%9.3%
  14.6%14.0%
  0.0%2.1%
  3.2%7.0%
  8.4%4.8%
  2.3%4.7%
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