Zip 54730 (Colfax, WI) Economy


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United States / Wisconsin / Menomonie Metro Area / Dunn County / No City / Colfax (zip 54730)
54730 Colfax, WI is a great place to live! With an average 2 Bedroom Rent of $830, the cost of living is much lower than the US average of $1,430. Grocery costs are also low in 54730 Colfax - with a Grocery Cost Index of 96 compared to the US index of 100. This makes it easier for locals to save money when shopping for food.
The area around 54730 Colfax is home to many businesses and companies including Kwik Trip chain convenience stores, Piggly Wiggly grocery store, BMO Harris Bank, and Wind River Manufacturing. All of these businesses offer local jobs to help bring in income for those living in 54730 Colfax.
Overall, 54730 Colfax has a great cost of living with affordable rent prices and grocery costs that make it easy for locals save money while still enjoying all the amenities that come with living in this great town.

Colfax (zip 54730) has an unemployment rate of 4.7%. The US average is 6.0%.

Colfax (zip 54730) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Colfax (zip 54730)
- The Sales Tax Rate for Colfax (zip 54730) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Colfax (zip 54730) 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 Colfax (zip 54730)
- The average income of a Colfax (zip 54730) resident is $24,179 a year. The US average is $28,555 a year.
- The Median household income of a Colfax (zip 54730) resident is $72,963 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColfax, WisconsinUnited States
  4.76
  -3.9%-6.2%
  36.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $34,370$37,638
  $72,963$69,021
  $83,173$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  8.3%6.8%
  16.6%10.0%
  4.3%2.5%
  14.3%11.0%
  6.8%4.8%
  1.1%0.8%
  0.6%1.9%
  6.6%4.7%
  0.4%1.9%
  3.0%7.6%
  0.0%0.1%
  3.3%4.2%
  5.0%9.3%
  12.1%14.0%
  1.3%2.1%
  4.2%7.0%
  3.1%4.8%
  4.3%4.7%
Health