Vesper, WI Economy


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Vesper, WI is a small town with an estimated population of 2,400. It is located in Portage County and is well-known for its affordable cost of living. The two bedroom rent in Vesper is only $870 on average compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Vesper is 92 which is lower than the US average of 100.
Vesper offers plenty of businesses and amenities that make life convenient for its residence. Local companies like Ali's Pizza, Vesper Hardware & Lumber, Portage County Bank and Riverwalk Coffeehouse provide a variety of products and services within walking distance from most residences. Also the town has several parks and other recreational activities that make it popular among tourists too.
Living in Vesper offers many advantages such as its affordability compared to larger cities, convenience due to local businesses being so close by and numerous recreational activities available to enjoy throughout the year. Overall, Vesper provides a great balance between affordability and quality of life that makes it an ideal place to live or visit for anyone looking for a small town community feel with plenty of amenities to choose from.

Vesper has an unemployment rate of 5.8%. The US average is 6.0%.

Vesper has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Vesper
- The Sales Tax Rate for Vesper is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Vesper 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 Vesper
- The average income of a Vesper resident is $22,152 a year. The US average is $28,555 a year.
- The Median household income of a Vesper resident is $51,449 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVesper, WisconsinUnited States
  5.86
  -4.2%-6.2%
  35.6%33.5%
  5.5%6.2%
  6.3%4.6%
  $33,733$37,638
  $51,449$69,021
  $64,107$85,028
  Population by Occupation
  0.0%1.2%
  1.3%0.5%
  9.3%6.8%
  19.4%10.0%
  0.0%2.5%
  10.6%11.0%
  5.3%4.8%
  0.4%0.8%
  2.2%1.9%
  1.3%4.7%
  0.0%1.9%
  5.3%7.6%
  0.0%0.1%
  2.6%4.2%
  4.8%9.3%
  23.3%14.0%
  0.0%2.1%
  6.2%7.0%
  4.4%4.8%
  3.5%4.7%
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