54832 Drummond, WI is a small community in Bayfield County. The median 2 bedroom rent in Drummond is $820, which is considerably lower than the national average of $1,430. Similarly, grocery costs index in Drummond is 95 compared to 100 in the US. \nThis city offers plenty of outdoor activities for anyone looking for an active lifestyle with its proximity to Lake Superior and other natural attractions. It also has several local businesses such as Carmody’s Market Store and Red Cliff Rental & Repair that provide goods and services to local residents. And while there isn’t much public transportation available in Drummond, it lies close to U.S. Highway 2 which connects it to nearby cities like Ashland and Hayward.\nThe key differences between Drummond and the US are highlighted by its low rent prices as well as more affordable groceries when compared with the rest of the country. This makes it a great option for those looking to save money while living close to nature’s marvels.
Drummond (zip 54832) has an unemployment rate of 8.5%. The US average is 6.0%.
Drummond (zip 54832) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Drummond (zip 54832)
- The Sales Tax Rate for Drummond (zip 54832) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Drummond (zip 54832) 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 Drummond (zip 54832)
- The average income of a Drummond (zip 54832) resident is $33,748 a year. The US average is $37,638 a year.
- The Median household income of a Drummond (zip 54832) resident is $58,750 a year. The US average is $69,021 a year.