Sherwood, WI is a small town with a close-knit community. It is a great place for families to reside due to its low cost of living and high quality of life. The average rent for a two bedroom apartment in Sherwood is $870, which is much lower than the national average of $1,430. Grocery costs are also significantly lower when compared to the US index, at 92 versus the national index of 100. There are many local businesses in Sherwood including Joe's Hardware Store, Mary's Bakery and Smith's Auto Repair. Each provides goods and services that bring convenience and value to residents in the area.
Sherwood town (Clark County) has an unemployment rate of 4.5%. The US average is 6.0%.
Sherwood town (Clark County) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Sherwood town (Clark County)
- The Sales Tax Rate for Sherwood town (Clark County) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sherwood town (Clark County) 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 Sherwood town (Clark County)
- The average income of a Sherwood town (Clark County) resident is $30,600 a year. The US average is $37,638 a year.
- The Median household income of a Sherwood town (Clark County) resident is $60,000 a year. The US average is $69,021 a year.