Somo, Wisconsin 

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Economy in Somo, Wisconsin

Somo has an unemployment rate of 3.0%. The US average is 3.9%.

Somo has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Somo
- The Sales Tax Rate for Somo is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Somo 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 Somo
- The average income of a Somo resident is $26,802 a year. The US average is $28,555 a year.
- The Median household income of a Somo resident is $50,750 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSomo, WisconsinUnited States
  3.8%3.7%
  1.2%1.6%
  35.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $31,287$31,177
  $63,750$57,652
  $64,375$70,850
  POPULATION BY OCCUPATION
  2.1%1.3%
  0.0%0.6%
  8.5%6.2%
  40.4%10.4%
  6.4%2.7%
  4.3%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  2.1%4.7%
  4.3%1.9%
  0.0%6.7%
  0.0%0.1%
  0.0%4.3%
  8.5%9.3%
  10.6%13.8%
  0.0%2.2%
  10.6%7.4%
  0.0%4.9%
  2.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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