Zip 54747 (Independence, WI) Economy


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United States / Wisconsin / No Metro Area / Trempealeau County / Independence / Independence (zip 54747)
54747 Independence, WI is a great place to live with its variety of local amenities. The city is home to major retailers such as Walmart and Target, as well as smaller businesses like their locally owned farmers market and general store. Two bedroom rent for apartments in 54747 Independence, WI is $900 which is much lower than the US average of $1,430 making it much more affordable for those looking for a place to call home. Grocery Cost Index in 54747 Independence, WI is also much cheaper when compared to the US at 92 versus 100 respectively. All together it can be said that the cost of living in 54747 Independence, WI is much lower than the national average making it an attractive option for those seeking a high quality yet affordable lifestyle.

Independence (zip 54747) has an unemployment rate of 5.3%. The US average is 6.0%.

Independence (zip 54747) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Independence (zip 54747)
- The Sales Tax Rate for Independence (zip 54747) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Independence (zip 54747) 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 Independence (zip 54747)
- The average income of a Independence (zip 54747) resident is $22,306 a year. The US average is $28,555 a year.
- The Median household income of a Independence (zip 54747) resident is $59,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndependence, WisconsinUnited States
  5.36
  -5.3%-6.2%
  28.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $30,717$37,638
  $59,375$69,021
  $67,125$85,028
  Population by Occupation
  13.2%1.2%
  1.4%0.5%
  8.2%6.8%
  34.1%10.0%
  1.3%2.5%
  7.4%11.0%
  3.7%4.8%
  0.6%0.8%
  1.0%1.9%
  1.9%4.7%
  0.8%1.9%
  0.3%7.6%
  0.0%0.1%
  2.1%4.2%
  5.4%9.3%
  12.3%14.0%
  0.4%2.1%
  2.1%7.0%
  2.3%4.8%
  1.6%4.7%
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