Iron County, WI Economy


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United States / Wisconsin / No Metro Area / Iron County / Cities / Zip Codes
Iron, WI County is a great place to live. The 2 bedroom rent in Iron County is only $830, making it very affordable for people looking to move there. Additionally, the grocery cost index in Iron County is 93 versus 100 in the US, making the groceries cheaper than average. There are plenty of companies in Iron County that offer diverse industries such as retail, manufacturing, construction, education, and hospitality. For example, Walmart provides a wide selection of goods and services in retail; Wisconsin Industrial Tool Company manufactures precision tools; Ahs Construction offers commercial and residential building services; Northland Lutheran High School provides quality education; and Supper Club of Wisconsin provides its guests with delicious meals.

Iron County has an unemployment rate of 9.1%. The US average is 6.0%.

Iron County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Iron County
- The Sales Tax Rate for Iron County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Iron County 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 Iron County
- The average income of a Iron County resident is $25,053 a year. The US average is $28,555 a year.
- The Median household income of a Iron County resident is $48,908 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIron, WisconsinUnited States
  9.16
  -5.0%-6.2%
  27.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $31,147$37,638
  $48,908$69,021
  $65,365$85,028
  Population by Occupation
  3.9%1.2%
  0.0%0.5%
  8.7%6.8%
  14.4%10.0%
  2.5%2.5%
  10.3%11.0%
  3.7%4.8%
  1.1%0.8%
  2.0%1.9%
  2.4%4.7%
  1.5%1.9%
  3.6%7.6%
  0.1%0.1%
  2.3%4.2%
  9.5%9.3%
  11.8%14.0%
  3.0%2.1%
  8.5%7.0%
  4.5%4.8%
  6.1%4.7%
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