Zip 54740 (Elmwood, WI) Economy


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54740 Elmwood, WI is an attractive place to live due to its affordable 2 bedroom rent of $1,220 compared to the national average of $1,430. In addition, the Grocery Cost Index in 54740 is 96 which is lower than the US index of 100. For those looking for a bargain on groceries, local stores like Meiers Market and Flynn’s Family Grocery are popular spots for residents.

Elmwood (zip 54740) has an unemployment rate of 4.6%. The US average is 6.0%.

Elmwood (zip 54740) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.

Tax Rates for Elmwood (zip 54740)
- The Sales Tax Rate for Elmwood (zip 54740) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Elmwood (zip 54740) 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 Elmwood (zip 54740)
- The average income of a Elmwood (zip 54740) resident is $34,879 a year. The US average is $37,638 a year.
- The Median household income of a Elmwood (zip 54740) resident is $68,077 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElmwood, WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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