Waterville, WI Economy


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United States / Wisconsin / No Metro Area / Pepin County / Waterville / Zip Codes
Waterville, WI is a small town located in the heart of Wisconsin. With a population of just over 5,000 people, Waterville is known for its small-town charm and friendly atmosphere. The town boasts an impressive array of businesses, from locally owned cafes and restaurants to national chain stores like Walmart and Lowe's. The two bedroom rent in Waterville is $1,260 compared to the US average of $1,430 which makes it an attractive option for those looking for affordable housing. Furthermore, the Grocery Cost Index in Waterville is 96 which is lower than the US average index of 100 making food costs relatively affordable as well. Some local companies that call Waterville home are North Star Insurance Agency, Triad Audio Services LLC, and Woodsmen Tree Service Inc. All together these businesses make up the unique cultural fabric that makes Waterville such a great place to live.

Waterville has an unemployment rate of 4.8%. The US average is 6.0%.

Waterville has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Waterville
- The Sales Tax Rate for Waterville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waterville 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 Waterville
- The average income of a Waterville resident is $23,939 a year. The US average is $28,555 a year.
- The Median household income of a Waterville resident is $64,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaterville, WisconsinUnited States
  4.86
  -3.6%-6.2%
  38.5%33.5%
  5.5%6.2%
  6.3%4.6%
  $29,063$37,638
  $64,875$69,021
  $69,688$85,028
  Population by Occupation
  4.7%1.2%
  1.0%0.5%
  14.5%6.8%
  9.0%10.0%
  5.3%2.5%
  12.1%11.0%
  8.2%4.8%
  0.0%0.8%
  0.0%1.9%
  1.2%4.7%
  0.6%1.9%
  1.6%7.6%
  0.0%0.1%
  2.0%4.2%
  4.7%9.3%
  13.3%14.0%
  0.0%2.1%
  17.6%7.0%
  2.5%4.8%
  1.6%4.7%
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