53820 Potosi, WI is a small village located in the southwest corner of the state. Its population totals only around 800 people, making it a perfect place to live for those who love the peace and quiet of rural life. The average 2 bedroom rent in this area is $840, which is significantly cheaper than the national average of $1,430. This makes Potosi an attractive option for those looking for an affordable place to live.
In terms of employment opportunities, there are several local businesses that operate in Potosi such as Zupan’s Supermarket, Potosi Family Restaurant & Bar, Community Bank Potosi branch and G&G Landscaping. In addition, many residents commute to nearby larger cities such as Platteville or Lancaster for more employment options.
The Grocery Cost Index in this area is 96 compared to the US which is 100. This means that groceries here tend to be slightly cheaper than what one would find elsewhere in America. As a result, living in this area could provide some extra savings on everyday purchases like food and groceries which may help offset any additional expenses associated with living rurally.
Potosi (zip 53820) has an unemployment rate of 3.8%. The US average is 6.0%.
Potosi (zip 53820) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Potosi (zip 53820)
- The Sales Tax Rate for Potosi (zip 53820) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Potosi (zip 53820) 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 Potosi (zip 53820)
- The average income of a Potosi (zip 53820) resident is $25,631 a year. The US average is $28,555 a year.
- The Median household income of a Potosi (zip 53820) resident is $64,132 a year. The US average is $69,021 a year.