Wells, WI is an affordable city located in the Midwest. It offers a variety of amenities for a low cost of living. Two bedroom rent in Wells, WI is $1,040 compared to the US average of $1,430. The Grocery Cost Index is 93, which is 7 points lower than the US average of 100. This city also has many local companies that offer quality services such as Dotty’s Hardware Store and F&K Bakery. Local businesses employ many people and provide an abundance of resources for the community and visitors alike. With its great amenities and low cost of living, Wells, WI is a great place to live or visit.
Wells has an unemployment rate of 4.2%. The US average is 6.0%.
Wells has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Wells
- The Sales Tax Rate for Wells is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wells 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 Wells
- The average income of a Wells resident is $40,227 a year. The US average is $37,638 a year.
- The Median household income of a Wells resident is $83,056 a year. The US average is $69,021 a year.