Marengo, Wisconsin (54855) is a small city located in the south-central region of the state with a population of approximately 845 people. The average 2 bedroom rent in Marengo is $840, which is significantly lower than the national average of $1,430. In addition to rent being less expensive than the US average, groceries are also more affordable, with the Grocery Cost Index being 98 versus 100 nationally. This makes Marengo an excellent choice for those looking for affordable living costs.
Marengo is home to a variety of businesses including JK Finishing Inc., an automobile paint shop and collision repair center; Wausau Tile Inc., a tile manufacturer; and NEA LogistX LLC, a logistics management company. With its tight-knit community and low cost of living, Marengo is an ideal place to live and work in Wisconsin. The estimated costs associated with living in Marengo vary depending on lifestyle but are generally quite reasonable compared to other parts of the state or country.
Marengo (zip 54855) has an unemployment rate of 6.5%. The US average is 6.0%.
Marengo (zip 54855) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Marengo (zip 54855)
- The Sales Tax Rate for Marengo (zip 54855) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Marengo (zip 54855) 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 Marengo (zip 54855)
- The average income of a Marengo (zip 54855) resident is $20,050 a year. The US average is $37,638 a year.
- The Median household income of a Marengo (zip 54855) resident is $54,063 a year. The US average is $69,021 a year.