Salem (Pierce Cnty), WI is a great place to live with a strong economy and plenty of fun things to do. It is home to several popular companies including the Salem Tractor Company, which has been in business since 1933, and Big Boss Produce, a family owned farm. There are also many amazing attractions in the area such as Wisp Resort, the largest ski resort in Wisconsin, and the Highcliff Nature Preserve where visitors can explore nature trails and learn about local wildlife. Residents benefit from low rent costs and grocery prices. The two bedroom rent rate for Salem (Pierce Cnty) is $1,200 per month which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index for Salem (Pierce Cnty) is 99 compared to 100 for the US. These benefits make Salem (Pierce Cnty) a great place to live or visit.
Salem has an unemployment rate of 4.6%. The US average is 6.0%.
Salem has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Salem
- The Sales Tax Rate for Salem is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Salem 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 Salem
- The average income of a Salem resident is $48,292 a year. The US average is $37,638 a year.
- The Median household income of a Salem resident is $78,750 a year. The US average is $69,021 a year.