Pence, WI is a small city located in the Northwestern part of the United States. It is an ideal place for those looking for affordable housing and a relaxed lifestyle. The median two-bedroom rent in Pence, WI is $820, significantly lower than the national average of $1,430. Additionally, the grocery cost index in Pence is 92 compared to 100 in the US, offering considerable savings on food expenses.
The city of Pence features many local businesses that cater to its residents’ needs. These include general retailers like Pence Market and Department Store as well as specialty stores such as Payne’s Bakery and Café and Pence Furniture and Appliance Store. There are also several restaurants like The Rusty Spoon Diner and Percy’s Burger Shack that serve up delicious home-cooked meals. All these companies add to the unique character of this small city and provide employment opportunities to its citizens.
Pence has an unemployment rate of 9.1%. The US average is 6.0%.
Pence has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Pence
- The Sales Tax Rate for Pence is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Pence 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 Pence
- The average income of a Pence resident is $22,220 a year. The US average is $28,555 a year.
- The Median household income of a Pence resident is $37,000 a year. The US average is $69,021 a year.