Lima town (Grant County), WI Economy


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Lima (Grant County), Wisconsin is a great place to live with many benefits. Two bedroom rent in Lima is $1,050 as compared to the US average of $1,430, making it an affordable option for residing. Moreover, the Grocery Cost Index in this particular county is 98 as compared to 100 in the US, making groceries at local stores more affordable for residents. \nThe county offers amazing job prospects with companies like Grant Regional Health Center, Windings Inc., Dubuque Packaging Corporation, and Agropur Cheese of Fennimore among others providing ample employment opportunities. The cost of living index has been increasing steadily over the years making it difficult for people with lower incomes to afford housing and amenities but overall Lima has managed to remain one of the most affordable places in the country with low living costs and high-paying jobs.

Lima town (Grant County) has an unemployment rate of 3.8%. The US average is 6.0%.

Lima town (Grant County) 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 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Lima town (Grant County)
- The Sales Tax Rate for Lima town (Grant County) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lima town (Grant County) 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 Lima town (Grant County)
- The average income of a Lima town (Grant County) resident is $30,690 a year. The US average is $37,638 a year.
- The Median household income of a Lima town (Grant County) resident is $61,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLima town (Grant County), WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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