Manitowoc Rapids, WI is a great place to call home. With two bedroom rent at only $860 per month, it's much more affordable than the US average of $1,430 for similar units. The Grocery Cost Index in the area is also lower than the US average, providing additional savings. This community has several local businesses and amenities like grocery stores, restaurants, parks and recreational activities that make it an ideal place to live. There are several large companies based in the area too, such as Kwik Trip convenience stores and Rahr Malting Company. Manitowoc Rapids has something for everyone - whether you are looking to save some money or just have fun!
Manitowoc Rapids has an unemployment rate of 4.7%. The US average is 6.0%.
Manitowoc Rapids has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Manitowoc Rapids
- The Sales Tax Rate for Manitowoc Rapids is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Manitowoc Rapids 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 Manitowoc Rapids
- The average income of a Manitowoc Rapids resident is $31,695 a year. The US average is $28,555 a year.
- The Median household income of a Manitowoc Rapids resident is $93,854 a year. The US average is $69,021 a year.