Lafayette County, WI Economy


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United States / Wisconsin / No Metro Area / Lafayette County / Cities / Zip Codes
Lafayette, WI County is a great place to live with plenty of amenities. With the average 2 bedroom rent in Lafayette, WI County at $830, it's one of the most affordable places to live in the US where the national average is $1,430. The cost of groceries is also significantly lower in Lafayette than other parts of the country with an index score of 93 versus 100 nationally. There are several well-known companies located here such as Sargento Foods Inc., Great Lakes Cheese Co. and Who’s Your Daddy Inc. There are plenty of other local businesses that make this area unique and attractive for those looking to relocate or start a new business. Residents get to enjoy all these benefits while still saving money on their monthly expense due to lower cost of living in this county.

Lafayette County has an unemployment rate of 3.9%. The US average is 6.0%.

Lafayette County has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 45.4%, which is higher than the US average of 33.5%.

Tax Rates for Lafayette County
- The Sales Tax Rate for Lafayette County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lafayette 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 Lafayette County
- The average income of a Lafayette County resident is $24,370 a year. The US average is $28,555 a year.
- The Median household income of a Lafayette County resident is $65,009 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLafayette, WisconsinUnited States
  3.96
  -4.3%-6.2%
  45.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $30,565$37,638
  $65,009$69,021
  $76,250$85,028
  Population by Occupation
  14.9%1.2%
  0.1%0.5%
  7.4%6.8%
  17.2%10.0%
  2.1%2.5%
  12.5%11.0%
  4.4%4.8%
  0.7%0.8%
  0.4%1.9%
  4.4%4.7%
  0.4%1.9%
  2.8%7.6%
  0.0%0.1%
  1.6%4.2%
  7.1%9.3%
  11.9%14.0%
  1.1%2.1%
  3.3%7.0%
  4.3%4.8%
  3.3%4.7%
Health