Downing, Wisconsin is a small town with a population of 54734 people. The town is known for its close-knit community and its affordable living cost. With a two-bedroom rent of only $1,240, it is much cheaper than the US average of $1,430. Grocery costs are also very reasonable in Downing with an index of 97 compared to the US index of 100. This makes it even more affordable to live in Downing as compared to other parts of the country. Small businesses abound in Downing, with local favorites such as White Mountain Bakery & Cafe and Kroll’s Bar & Grill providing residents with delicious food options. With its low cost of living and vibrant small business culture, Downing is an ideal place for those looking for affordable housing or wanting to start their own business.
Downing (zip 54734) has an unemployment rate of 4.7%. The US average is 6.0%.
Downing (zip 54734) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Downing (zip 54734)
- The Sales Tax Rate for Downing (zip 54734) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Downing (zip 54734) 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 Downing (zip 54734)
- The average income of a Downing (zip 54734) resident is $22,803 a year. The US average is $28,555 a year.
- The Median household income of a Downing (zip 54734) resident is $67,813 a year. The US average is $69,021 a year.