Jim Falls, WI Economy


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Jim Falls, WI is a small town located in the Chippewa County of Wisconsin. It offers quality living with relatively lower costs compared to the rest of the United States. The rent for two bedroom apartments is just $850, which is significantly lower than the national average of $1430. Additionally, grocery costs are also comparatively cheaper, with an index of 92 as opposed to 100 in the US. The town has several local businesses such as Jim's Diner, Gavin's Garage and The Riverside Hotel. Residents can enjoy a variety of activities like fishing, skiing and hiking due to its closeness to nature.

Jim Falls has an unemployment rate of 5.7%. The US average is 6.0%.

Jim Falls has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.

Tax Rates for Jim Falls
- The Sales Tax Rate for Jim Falls is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Jim Falls 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 Jim Falls
- The average income of a Jim Falls resident is $19,945 a year. The US average is $28,555 a year.
- The Median household income of a Jim Falls resident is $77,727 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJim Falls, WisconsinUnited States
  5.76
  -3.4%-6.2%
  33.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $35,284$37,638
  $77,727$69,021
  $93,393$85,028
  Population by Occupation
  4.0%1.2%
  0.0%0.5%
  0.0%6.8%
  8.7%10.0%
  0.0%2.5%
  6.3%11.0%
  32.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  19.8%14.0%
  0.0%2.1%
  0.0%7.0%
  11.9%4.8%
  16.7%4.7%
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