Rutland, WI is a small town located just outside of Madison with a vibrant community and plenty of local businesses. The town has a cozy atmosphere and a great selection of recreational activities. Residents enjoy the convenient location to Madison, as well as the lower cost of living compared to bigger cities. The rent for a two bedroom in Rutland is only $1,200 per month, while nationally it averages at $1,430 per month. Additionally, groceries cost less in Rutland than they do on average in the U.S., making it even more affordable to live here. A few popular local companies include Rutland Center for Arts & Technology (RCAT), D's Pub & Grill, Sassy's Cafe & Bakery, and Dragonfly Quilts. With its friendly atmosphere and low cost of living, Rutland is an attractive place for families or individuals looking for a place to call home.
Rutland has an unemployment rate of 3.5%. The US average is 6.0%.
Rutland has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Rutland
- The Sales Tax Rate for Rutland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rutland 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 Rutland
- The average income of a Rutland resident is $50,694 a year. The US average is $37,638 a year.
- The Median household income of a Rutland resident is $91,250 a year. The US average is $69,021 a year.