Oulu, WI Economy


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United States / Wisconsin / No Metro Area / Bayfield County / Oulu / Zip Codes
Oulu, WI is a small city located in Wisconsin with a diverse economy and a unique culture. The cost of living is relatively affordable in Oulu, with two bedroom rent costing $890 compared to the US average of $1,430. Groceries are also more affordable than the national average, with the grocery cost index being 96 versus 100 in the US. Local businesses like Skalicky's Orchards, Oasis Cheese Factory, and Kestner's Dairy Farm are popular amongst residents and visitors alike, providing goods and services that give Oulu its unique character. Despite its small size, Oulu offers its residents an exceptional quality of life due to its low cost of living and wide variety of local companies.

Oulu has an unemployment rate of 8.5%. The US average is 6.0%.

Oulu has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Oulu
- The Sales Tax Rate for Oulu is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Oulu 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 Oulu
- The average income of a Oulu resident is $35,147 a year. The US average is $37,638 a year.
- The Median household income of a Oulu resident is $77,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOulu, WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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