Beaver Dam, WI (53916) is a small city located in the southeastern part of the state. The cost of living in this area is quite low, with 2-bedroom rent averaging around $960 per month and Grocery Cost Index roughly 94 compared to the national average of 100. It offers its residents a quiet lifestyle away from the hustle and bustle of larger cities, but still provides plenty of things to do and explore. Beaver Dam is home to numerous companies such as Walmart, Taco Bell, Kwik Trip, and Festival Foods; local businesses like Ace Hardware; and many other stores which provide services for both locals and visitors. There are also plenty of outdoor activities to enjoy nearby like golfing at Sunset Hills Golf Course or exploring nature at Ledge View Nature Center.
Beaver Dam (zip 53916) has an unemployment rate of 4.3%. The US average is 6.0%.
Beaver Dam (zip 53916) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Beaver Dam (zip 53916)
- The Sales Tax Rate for Beaver Dam (zip 53916) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Beaver Dam (zip 53916) 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 Beaver Dam (zip 53916)
- The average income of a Beaver Dam (zip 53916) resident is $25,786 a year. The US average is $28,555 a year.
- The Median household income of a Beaver Dam (zip 53916) resident is $64,112 a year. The US average is $69,021 a year.