Albany, WI (53502) is a great place to live! The average 2 bedroom rent in Albany is $910, which is significantly lower than the US average of $1,430. Cost of living in Albany is also much lower than the US average; The Grocery Cost Index in Albany is 94 compared to 100 on a national scale. This makes it an ideal place for people who want to stretch their dollars farther without sacrificing quality of life.
There are many companies located in Albany, WI including Bancroft Cheese Co., Mielke’s Dairy, Northern Engraving Corp., and Zablocki Plastics Inc. These companies provide employment opportunities that allow local residents to take advantage of the affordable housing and cost of living that Albany has to offer.
Albany (zip 53502) has an unemployment rate of 4.0%. The US average is 6.0%.
Albany (zip 53502) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Albany (zip 53502)
- The Sales Tax Rate for Albany (zip 53502) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Albany (zip 53502) 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 Albany (zip 53502)
- The average income of a Albany (zip 53502) resident is $26,327 a year. The US average is $28,555 a year.
- The Median household income of a Albany (zip 53502) resident is $70,104 a year. The US average is $69,021 a year.