Milwaukee County, WI Economy


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Milwaukee, WI County is a great place to live as it has an affordable cost of living. The two bedroom rent in the county is $1,090 per month compared to the US average of $1,430. Additionally grocery costs are also lower in the county with a Grocery Cost Index of 95 compared to 100 in the US. \nThe county is filled with many interesting local companies such as Northwestern Mutual, Jockey International and Kohl's Department Stores. These businesses provide employment opportunities for residents and help to contribute to the vibrant Milwaukee economy. There is something for everyone in this diverse city including art galleries, concert halls, festivals and picturesque parks scattered throughout the area.

Milwaukee County has an unemployment rate of 6.3%. The US average is 6.0%.

Milwaukee County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Milwaukee County
- The Sales Tax Rate for Milwaukee County is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Milwaukee 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 Milwaukee County
- The average income of a Milwaukee County resident is $24,622 a year. The US average is $28,555 a year.
- The Median household income of a Milwaukee County resident is $54,793 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilwaukee, WisconsinUnited States
  6.36
  -4.5%-6.2%
  29.3%33.5%
  5.6%6.2%
  6.3%4.6%
  $32,088$37,638
  $54,793$69,021
  $71,370$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.3%6.8%
  15.0%10.0%
  2.2%2.5%
  10.1%11.0%
  4.9%4.8%
  0.7%0.8%
  1.7%1.9%
  5.0%4.7%
  1.4%1.9%
  5.9%7.6%
  0.2%0.1%
  5.1%4.2%
  9.4%9.3%
  17.1%14.0%
  2.0%2.1%
  6.9%7.0%
  4.5%4.8%
  3.3%4.7%
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