Wood River, WI Economy


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United States / Wisconsin / No Metro Area / Burnett County / Wood River / Zip Codes
Wood River, WI is a quaint small town located in the heart of Wisconsin. It has a population of just over 1,000 people and is known for its peaceful atmosphere. The median rent for a two-bedroom apartment in Wood River is $920 which is lower than the US average of $1,430. It also offers plenty of local businesses such as Don's Gourmet Pizza, The Silver Spoon Café, and HomeTown Pharmacy. Shopping opportunities include varieties of grocery stores like Piggly Wiggly and Family Dollar that offer reasonable prices due to the Grocery Cost Index being 94 compared to 100 in the US.

Wood River has an unemployment rate of 7.5%. The US average is 6.0%.

Wood River has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.

Tax Rates for Wood River
- The Sales Tax Rate for Wood River is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wood River 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 Wood River
- The average income of a Wood River resident is $28,208 a year. The US average is $28,555 a year.
- The Median household income of a Wood River resident is $69,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWood River, WisconsinUnited States
  7.56
  -3.4%-6.2%
  32.1%33.5%
  5.5%6.2%
  6.3%4.6%
  $37,563$37,638
  $69,167$69,021
  $91,500$85,028
  Population by Occupation
  7.4%1.2%
  0.0%0.5%
  9.6%6.8%
  28.7%10.0%
  0.0%2.5%
  6.6%11.0%
  4.5%4.8%
  0.0%0.8%
  1.3%1.9%
  1.7%4.7%
  2.3%1.9%
  2.1%7.6%
  0.0%0.1%
  2.1%4.2%
  8.1%9.3%
  11.3%14.0%
  3.2%2.1%
  5.1%7.0%
  1.3%4.8%
  4.9%4.7%
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