The city of Florence, WI (zip code 54121) is a small town in Marinette County with an estimated population of around 3,400 people. This beautiful town is located along the Menominee River and offers a peaceful atmosphere for its residents. The average 2 bedroom rent in Florence is $1,040 which is lower than the US rate of $1,430. Additionally, the Grocery Cost Index in Florence is 93 versus 100 in the US meaning groceries here are generally cheaper than other cities across America. Local companies include Blossoms Family Restaurant, Wabeno Lumber Company Inc., Menominee Valley Excavating & Demolition LLC., and more. The low cost of living coupled with the natural beauty makes Florence an ideal place to settle down and raise a family.
Florence (zip 54121) has an unemployment rate of 6.4%. The US average is 6.0%.
Florence (zip 54121) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Florence (zip 54121)
- The Sales Tax Rate for Florence (zip 54121) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 54121) 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 Florence (zip 54121)
- The average income of a Florence (zip 54121) resident is $31,786 a year. The US average is $37,638 a year.
- The Median household income of a Florence (zip 54121) resident is $50,885 a year. The US average is $69,021 a year.