Kiel, WI is a small community located in 53042 with a population of just over 4,000 people. This rural town offers a slower pace of life and peaceful surroundings with easy access to nearby urban centers such as Manitowoc and Sheboygan. The average two bedroom rent in Kiel is $930 per month which is lower than the national average of $1,430 per month. Additionally, the Grocery Cost Index in Kiel is 92 versus 100 in the US, making this area more affordable for those looking for a place to call home.
The local economy in Kiel revolves around family-owned businesses such as four generations of Wilsmann’s Service Inc., the oldest family-owned business in Kiel that provides auto repairs; Ochsner Electric Company Inc., a family owned business providing electrical services to homes and businesses since 1973; and Accurate Repair & Fabrication LLC, offering custom fabrication services for agricultural and industrial machinery needs. With its affordable rental costs and grocery indexes, Kiel is an ideal location for those looking to settle down or raise a family while still having access to some of the larger cities nearby.
Kiel (zip 53042) has an unemployment rate of 4.7%. The US average is 6.0%.
Kiel (zip 53042) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Kiel (zip 53042)
- The Sales Tax Rate for Kiel (zip 53042) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Kiel (zip 53042) 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 Kiel (zip 53042)
- The average income of a Kiel (zip 53042) resident is $35,912 a year. The US average is $37,638 a year.
- The Median household income of a Kiel (zip 53042) resident is $71,786 a year. The US average is $69,021 a year.