Northfield, WI is a great place to live and work with many local businesses. It has an affordable cost of living with the average 2 bedroom rent coming in at $820, compared to the US average of $1,430. Additionally, the grocery cost index in Northfield is 92 which is 8 points less than the US average. Popular local companies include Big Brothers Big Sisters of Northfield, The Store Inc., Green Mill Restaurant & Bar, and Northfield Hospital & Clinics. Businesses in Northfield provide good employment opportunities for both new graduates and experienced professionals alike.
Northfield has an unemployment rate of 7.3%. The US average is 6.0%.
Northfield has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Northfield
- The Sales Tax Rate for Northfield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Northfield 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 Northfield
- The average income of a Northfield resident is $37,768 a year. The US average is $37,638 a year.
- The Median household income of a Northfield resident is $80,132 a year. The US average is $69,021 a year.