Racine, WI Metro Area is a great place to live and work. It is home to many large companies such as S.C Johnson & Son, J&J Automotive Group, and Racine Unified School District. The area also offers an affordable cost of living with the average two bedroom rent coming in at $1,020 which is significantly lower than the US average of $1,430. Additionally, there is a grocery cost index of 97 compared to the US at 100 which further reflects the affordability for residents of this area. This makes Racine, WI Metro Area a great place for anyone looking for an affordable lifestyle with plenty of job opportunities.
Racine Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.
Racine Metro Area has seen the job market decrease by -4.3% 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 Racine Metro Area
- The Sales Tax Rate for Racine Metro Area is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Racine Metro Area 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 Racine Metro Area
- The average income of a Racine Metro Area resident is $35,215 a year. The US average is $37,638 a year.
- The Median household income of a Racine Metro Area resident is $67,224 a year. The US average is $69,021 a year.