Frederic, WI is a small town located in Polk County with a population of 54837. Rent for 2-bedroom homes in Frederic is $980 which is significantly lower than other parts of the US where it costs an average of $1430. Additionally, the Grocery Cost Index in Frederic is 95 versus 100 in the US.
Frederic has plenty to offer its residents including locally owned restaurants such as The Shed Grill and Ice Cream Parlor, local events at Frederic Community Center or fairs and festivals taking place at Polk County Fairgrounds. Nature lovers have plenty of outdoor activities to choose from with access to boat launches, beaches, parks such as Moon Lake Park or natural scenic trails. There are also many educational institutions like Frederic Elementary School (K-8) and Unity High School (9-12).
Frederic (zip 54837) has an unemployment rate of 6.1%. The US average is 6.0%.
Frederic (zip 54837) 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 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Frederic (zip 54837)
- The Sales Tax Rate for Frederic (zip 54837) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Frederic (zip 54837) 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 Frederic (zip 54837)
- The average income of a Frederic (zip 54837) resident is $24,278 a year. The US average is $28,555 a year.
- The Median household income of a Frederic (zip 54837) resident is $56,694 a year. The US average is $69,021 a year.