Wood, WI County is an ideal place to live for people who are looking for a peaceful environment with affordable living options. The county offers a two bedroom rent of $860 compared to the US average of $1,430, making it one of the most affordable places to call home. Additionally, the Grocery Cost Index in Wood, WI County is 92 versus 100 in the US. This makes groceries more affordable in Wood, WI County than other areas.
The area has a number of locally owned companies that make the community unique from nearby regions. These include Woodland Market, which provides fresh produce and grocery items; Wisconsin Furniture Outlet for furniture shopping; and ABC Insurance Services offering competitive rates on all kinds of insurance policies. Together these companies provide locals with much-needed services in an economical manner.
Wood County has an unemployment rate of 5.8%. The US average is 6.0%.
Wood County has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Wood County
- The Sales Tax Rate for Wood County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wood 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 Wood County
- The average income of a Wood County resident is $26,302 a year. The US average is $28,555 a year.
- The Median household income of a Wood County resident is $57,996 a year. The US average is $69,021 a year.