Lake Koshkonong, WI is an ideal spot for those who want to live in a peaceful, small-town atmosphere while still having easy access to larger cities like Madison and Milwaukee. The cost of living is relatively low, with the median 2 bedroom rent coming in at $1,070 which is significantly lower than the US median of $1,430. Grocery costs are also lower than the national average. Local companies offer a variety of goods and services such as fishing boat rentals from Paddle & Oar Outfitters, farm fresh produce from Moonbelly Foods, and mechanical repair services from Lake Koshkonong Auto Repair & Towing. No matter what you may need, chances are there's a local business that can help you out in Lake Koshkonong!
Lake Koshkonong has an unemployment rate of 4.4%. The US average is 6.0%.
Lake Koshkonong has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Lake Koshkonong
- The Sales Tax Rate for Lake Koshkonong is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lake Koshkonong 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 Lake Koshkonong
- The average income of a Lake Koshkonong resident is $56,713 a year. The US average is $37,638 a year.
- The Median household income of a Lake Koshkonong resident is $78,456 a year. The US average is $69,021 a year.