Laona, WI is a small town located in Forest County. Although it may be small, Laona has plenty to offer! The town is home to two local companies – Laona Meats and Grower Produce Co-Op. Both companies provide quality products and services at affordable prices. The cost of living in Laona is quite low compared to many other cities. For example, 2 bedroom rent is only $810 per month versus the national average of $1,430. Additionally, the Grocery Cost Index in Laona is 92 compared to 100 in the US, making it an excellent option for those looking for a low cost of living.
Laona has an unemployment rate of 9.4%. The US average is 6.0%.
Laona has seen the job market decrease by -10.2% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Laona
- The Sales Tax Rate for Laona is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Laona 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 Laona
- The average income of a Laona resident is $25,491 a year. The US average is $37,638 a year.
- The Median household income of a Laona resident is $49,583 a year. The US average is $69,021 a year.