Knapp, WI (54749) is an appealing small town with plenty of local entertainment and activities to partake in. The cost of living in Knapp is significantly lower than that of the United States. For instance, renting a two bedroom apartment costs $1,240 which is $190 less than the national average for two bedrooms. Grocery costs are also much lower as the grocery cost index for Knapp is 96 versus a 100 in the US.
Knapp has a thriving local economy with several companies such as Nelson Muffler & Brakes Inc., Chippewa Valley Bean Co., and Larsen Processing. These businesses provide jobs and services to everyone who lives in or around Knapp allowing them to have access to goods and services at an affordable price thus contributing to why the cost of living is so low here.
Knapp (zip 54749) has an unemployment rate of 4.7%. The US average is 6.0%.
Knapp (zip 54749) 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 Knapp (zip 54749)
- The Sales Tax Rate for Knapp (zip 54749) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Knapp (zip 54749) 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 Knapp (zip 54749)
- The average income of a Knapp (zip 54749) resident is $25,163 a year. The US average is $28,555 a year.
- The Median household income of a Knapp (zip 54749) resident is $58,036 a year. The US average is $69,021 a year.