Zip 53503 (Arena, WI) Economy


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United States / Wisconsin / Madison Metro Area / Iowa County / No City / Arena (zip 53503)
The town of Arena, WI zip code 53503 is an excellent place to rent a 2 bedroom home for around $1,080 per month. This is quite a bit cheaper than the national average of $1,430 per month. Additionally, the Grocery Cost Index in Arena is 95 versus 100 nationally, meaning groceries cost less in this area as well. For those looking for housing or groceries in Arena, there are several local companies that could offer assistance. These include B&B Real Estate Services, River Valley Property Management, and Madison Properties Group LLC. All three of these offer rental services with extensive experience in the Arena area.. Furthermore for shoppers there are several grocery stores spread throughout town including Pick ‘N Save Food Store, Orchard Ridge Grocery Store and Sav-Mor Foods Grocery. With all this in mind it's easy to see why so many people choose to make their home in Arena, WI zip code 53503!

Arena (zip 53503) has an unemployment rate of 5.1%. The US average is 6.0%.

Arena (zip 53503) 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 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Arena (zip 53503)
- The Sales Tax Rate for Arena (zip 53503) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Arena (zip 53503) 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 Arena (zip 53503)
- The average income of a Arena (zip 53503) resident is $24,892 a year. The US average is $28,555 a year.
- The Median household income of a Arena (zip 53503) resident is $64,609 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArena, WisconsinUnited States
  5.16
  -4.2%-6.2%
  37.1%33.5%
  5.5%6.2%
  6.3%4.6%
  $38,728$37,638
  $64,609$69,021
  $93,250$85,028
  Population by Occupation
  6.1%1.2%
  0.0%0.5%
  9.0%6.8%
  17.7%10.0%
  2.6%2.5%
  12.3%11.0%
  5.7%4.8%
  0.8%0.8%
  1.4%1.9%
  4.2%4.7%
  0.8%1.9%
  6.0%7.6%
  0.0%0.1%
  2.0%4.2%
  4.1%9.3%
  14.7%14.0%
  0.5%2.1%
  3.6%7.0%
  3.8%4.8%
  4.7%4.7%
Health