Newald, WI is a small city located in Wisconsin with an abundance of local businesses and companies. It is known for offering great affordability with regards to its cost of living. For instance, the 2 bedroom rent in Newald is $830 compared to $1,430 in the US. Similarly, the Grocery Cost Index of Newald is 92 versus 100 points in the US. The city also boasts of several large and small scale companies such as Apple Valley Center Inc., Dairy Queen, Kwik Trip Inc., Walmart Supercenter, and many more. On the whole, it can be said that Newald offers a lower cost of living when compared to other places in the US due to its low rental prices and grocery costs.
Newald has an unemployment rate of 9.4%. The US average is 6.0%.
Newald 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 Newald
- The Sales Tax Rate for Newald is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Newald 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 Newald
- The average income of a Newald resident is $14,987 a year. The US average is $37,638 a year.
- The Median household income of a Newald resident is $40,500 a year. The US average is $69,021 a year.