Florence, WI County is an attractive place to live for many reasons. It has a low 2-bedroom rent of $910 compared to the national average of $1,430 and Grocery Cost Index of 93 versus 100 in the US. This means that residents in Florence enjoy more affordable living costs than other parts of the country. Florence County also has several local companies that provide jobs for its citizens, such as Anderson's Heating & Refrigeration which offers HVAC services; Bank of Florence which provides financial services; and Luhr Bros. Inc., which offers professional engineering services. All these businesses help create a strong economic base for Florence County and serve as an important part of the community.
Florence County has an unemployment rate of 6.4%. The US average is 6.0%.
Florence County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Florence County
- The Sales Tax Rate for Florence County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Florence 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 Florence County
- The average income of a Florence County resident is $24,690 a year. The US average is $28,555 a year.
- The Median household income of a Florence County resident is $52,143 a year. The US average is $69,021 a year.