Linwood, WI is a small town located in the Midwest region of the United States. This charming town is home to a variety of local businesses such as Brown's Market, which specializes in fresh produce and meats, and The Book Nook, a beloved independent bookstore. Despite its quaintness, Linwood boasts very reasonable rent prices compared to other areas of the country; a 2 bedroom apartment here averages at $900 per month while it's $1,430 across the US. This makes Linwood an attractive place for young families or individuals looking to move away from larger cities with higher costs of living. Additionally, groceries cost less in Linwood as well; according to data from 2016-2017 by Numbeo, Grocery Cost Index was 93 versus 100 in the US. With these two factors combined, it is easy to see why Linwood has become an increasingly popular destination for those seeking out affordable housing options.
Linwood has an unemployment rate of 4.6%. The US average is 6.0%.
Linwood has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Linwood
- The Sales Tax Rate for Linwood is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Linwood 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 Linwood
- The average income of a Linwood resident is $26,317 a year. The US average is $28,555 a year.
- The Median household income of a Linwood resident is $76,932 a year. The US average is $69,021 a year.