Stevens Point, WI is a great place to live with a lower than average cost of living. While the US 2 bedroom rent is $1,430, in Stevens Point it is only $900. Additionally, the grocery cost index in Stevens Point is 93 versus 100 in the US. This means that the groceries are 7 percent cheaper than the rest of the country. There are many companies located in Stevens Point such as Ecolab Inc., Sentry Insurance, and JCI Johnson Controls which make it a great place to live and work. In summary, Stevens Point provides an affordable cost of living when compared to the rest of the US.
Stevens Point has an unemployment rate of 4.1%. The US average is 6.0%.
Stevens Point has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Stevens Point
- The Sales Tax Rate for Stevens Point is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Stevens Point 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 Stevens Point
- The average income of a Stevens Point resident is $21,320 a year. The US average is $28,555 a year.
- The Median household income of a Stevens Point resident is $49,712 a year. The US average is $69,021 a year.