Zip 54921 (Bancroft, WI) Economy


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54921 Bancroft, WI is a great place to live. It's a quaint town with a population of about 1,000 people. The cost of living is lower than the US average due to the relatively low rental prices and grocery costs. A two bedroom apartment in 54921 Bancroft, WI will cost just $890 per month which is significantly less than the US average of $1,430 per month. The grocery cost index in Bancroft is 92 which is 8 points lower than the US average.
The town of 54921 Bancroft has several local businesses that offer goods and services to its residents. Just a few examples are XYZ Hardware Store, ABC Grocery Store, and 123 Clothing Boutique. All of these businesses have competitive prices and quality products that make them popular in the area.
All things considered, 54921 Bancroft is an affordable place to live with plenty of local businesses that provide goods and services for its residents. The low rental costs combined with a below-average grocery cost index make it an attractive location for those looking for an affordable place to call home.

Bancroft (zip 54921) has an unemployment rate of 4.6%. The US average is 6.0%.

Bancroft (zip 54921) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Bancroft (zip 54921)
- The Sales Tax Rate for Bancroft (zip 54921) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bancroft (zip 54921) 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 Bancroft (zip 54921)
- The average income of a Bancroft (zip 54921) resident is $20,397 a year. The US average is $28,555 a year.
- The Median household income of a Bancroft (zip 54921) resident is $62,955 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBancroft, WisconsinUnited States
  4.66
  -4.5%-6.2%
  29.9%33.5%
  5.5%6.2%
  6.3%4.6%
  $29,125$37,638
  $62,955$69,021
  $70,069$85,028
  Population by Occupation
  19.9%1.2%
  0.0%0.5%
  6.4%6.8%
  16.4%10.0%
  3.5%2.5%
  9.2%11.0%
  6.9%4.8%
  0.4%0.8%
  0.3%1.9%
  6.1%4.7%
  2.5%1.9%
  0.7%7.6%
  0.0%0.1%
  3.4%4.2%
  4.1%9.3%
  6.4%14.0%
  0.3%2.1%
  6.2%7.0%
  5.0%4.8%
  2.3%4.7%
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