Zip 54771 (Thorp, WI) Economy


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United States / Wisconsin / No Metro Area / Clark County / Thorp / Thorp (zip 54771)
54771 Thorp, WI is a great place to live and enjoy the outdoors. The cost of living here is quite affordable at $840 for a two bedroom rental, compared to the US average of $1,430. Grocery costs are even more favorable with an index of 92 versus 100 in the US. This area of Wisconsin provides plenty of opportunities for outdoor activities such as hiking, fishing, or biking trails. Local companies include Renewal by Andersen®, which offers replacement windows and doors; Jack’s Plumbing & Heating Services for all your plumbing needs; and Mid-State Truck Service for repairs and maintenance on your vehicle. All these businesses offer quality service at reasonable prices that you won’t find elsewhere.

Thorp (zip 54771) has an unemployment rate of 4.5%. The US average is 6.0%.

Thorp (zip 54771) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.

Tax Rates for Thorp (zip 54771)
- The Sales Tax Rate for Thorp (zip 54771) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Thorp (zip 54771) 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 Thorp (zip 54771)
- The average income of a Thorp (zip 54771) resident is $20,259 a year. The US average is $28,555 a year.
- The Median household income of a Thorp (zip 54771) resident is $60,300 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThorp, WisconsinUnited States
  4.56
  -2.7%-6.2%
  39.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $26,022$37,638
  $60,300$69,021
  $66,981$85,028
  Population by Occupation
  13.9%1.2%
  0.1%0.5%
  12.5%6.8%
  19.7%10.0%
  2.2%2.5%
  9.3%11.0%
  4.4%4.8%
  0.1%0.8%
  0.4%1.9%
  3.3%4.7%
  0.2%1.9%
  1.4%7.6%
  0.0%0.1%
  1.7%4.2%
  7.2%9.3%
  11.6%14.0%
  0.7%2.1%
  4.2%7.0%
  4.3%4.8%
  2.7%4.7%
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