Melvina, WI is an affordable place to live, with rental prices significantly lower than the US average. According to rentdata.org, the average 2 bedroom rent in Melvina is $980 per month, compared to $1430 across the US. Additionally, the Grocery Cost Index of 94 in Melvina is below the national average of 100. This makes it easier for residents of this small town to afford basic necessities like groceries and housing. Local companies in Melvina include J&J Construction Company and The Grocery Pit Stop. These businesses are vital parts of the local economy and help make life better for residents of Melvina.
Melvina has an unemployment rate of 4.2%. The US average is 6.0%.
Melvina has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Melvina
- The Sales Tax Rate for Melvina is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Melvina 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 Melvina
- The average income of a Melvina resident is $34,741 a year. The US average is $37,638 a year.
- The Median household income of a Melvina resident is $63,438 a year. The US average is $69,021 a year.