Mole Lake, WI is a small town located in northern Wisconsin. It has a population of about 1,300 people and is home to many local businesses such as Nicolet National Bank, The Rookery Pub & Grub, and Northwoods Realty Inc. Despite its small size, Mole Lake boasts lower costs of living than the national average. For example, rent for a two bedroom apartment is only $910 compared to the US average of $1,430. Similarly, the grocery cost index in Mole Lake is 92 versus 100 in the US. In summary, Mole Lake offers residents an affordable cost of living with plenty of local amenities and attractions.
Mole Lake has an unemployment rate of 9.4%. The US average is 6.0%.
Mole Lake 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 Mole Lake
- The Sales Tax Rate for Mole Lake is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mole Lake 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 Mole Lake
- The average income of a Mole Lake resident is $16,576 a year. The US average is $37,638 a year.
- The Median household income of a Mole Lake resident is $28,942 a year. The US average is $69,021 a year.