Lakeland, WI is a great place to live. It offers all the amenities of a big city but with a small town feel. Local companies include Lakeland Industries, Inc., Aero-Krete Manufacturing Company and McDonough Brothers Inc. The cost of living in the area is relatively low which makes it an affordable option for many people. Rent prices are significantly lower than the national average at $890 for two bedroom apartments, and even grocery costs are lower with an index rating of 97 versus 100 in the US. There are also many great recreational opportunities nearby such as golf courses, fishing spots, and recreational parks offering plenty of outdoor activities to take advantage of. Living in Lakeland has its advantages - affordability, convenience, and a strong sense of community - making it an ideal place to call home.
Lakeland has an unemployment rate of 5.5%. The US average is 6.0%.
Lakeland has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Lakeland
- The Sales Tax Rate for Lakeland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lakeland 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 Lakeland
- The average income of a Lakeland resident is $37,865 a year. The US average is $37,638 a year.
- The Median household income of a Lakeland resident is $56,250 a year. The US average is $69,021 a year.