Spring Lake, WI is a small town located in southern Wisconsin. It has a population of approximately 4200 people and offers a relaxed atmosphere with plenty of outdoor recreational activities to enjoy. Home to the Spring Lake County Park, residents can enjoy hiking, swimming, fishing, and camping within its boundaries. The median 2 bedroom rent in Spring Lake is much lower than the US median at $1,220 versus $1,430 and grocery costs are also slightly lower with an index of 97 compared to 100 in the US. There are several local companies that serve as important employers in Spring Lake such as Precision Glass & Mirror Inc., Dielco Manufacturing Co., TKM Technologies LLC, and River Valley Foods.
Spring Lake has an unemployment rate of 4.6%. The US average is 6.0%.
Spring Lake has seen the job market increase by 1.4% 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 Spring Lake
- The Sales Tax Rate for Spring Lake is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Spring Lake 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 Spring Lake
- The average income of a Spring Lake resident is $28,455 a year. The US average is $28,555 a year.
- The Median household income of a Spring Lake resident is $82,692 a year. The US average is $69,021 a year.