53122 Elm Grove, WI is an affluent neighborhood located in Waukesha County. The two bedroom rent is slightly lower than the US average at $1,260. Additionally, grocery costs are also 3% lower on average than the US according to the Grocery Cost Index. This makes 53122 Elm Grove a great place for residents to save money on living expenses. Not only are there numerous local businesses such as Sporting Goods Inc., Salon Affair, and Dining Variety that make amenities nearby and convenient but there is also plenty of outdoor activities to enjoy such as hiking trails at Retzer Nature Center or biking routes along Fox River Parkway.
Elm Grove (zip 53122) has an unemployment rate of 3.8%. The US average is 6.0%.
Elm Grove (zip 53122) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Elm Grove (zip 53122)
- The Sales Tax Rate for Elm Grove (zip 53122) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Elm Grove (zip 53122) 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 Elm Grove (zip 53122)
- The average income of a Elm Grove (zip 53122) resident is $61,421 a year. The US average is $28,555 a year.
- The Median household income of a Elm Grove (zip 53122) resident is $115,459 a year. The US average is $69,021 a year.