Medford is a city in Taylor County, Wisconsin located near 54451 zip code. This area has a population of over 4,000 and offers many conveniences and amenities for its residents. Rent for a 2 bedroom apartment is around $850 per month, which is much lower than the national average of $1,430. Grocery costs are also below the national average, with an index score of 93 versus 100 in the US.
The city is home to several local businesses including K&K Auto Repair, Medford Monument Co., Van's Electric, and Country Store Foods Inc. For recreation activities there are many parks in the area like the Taylor County Park and the River Pines Nature Trail as well as fun events held throughout the year like Summer Night Fun Fest and the Annual Strawberry Festival. Schools in Medford also offer great education opportunities with their public elementary schools and two Catholic schools.
Medford (zip 54451) has an unemployment rate of 4.9%. The US average is 6.0%.
Medford (zip 54451) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Medford (zip 54451)
- The Sales Tax Rate for Medford (zip 54451) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Medford (zip 54451) 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 Medford (zip 54451)
- The average income of a Medford (zip 54451) resident is $31,906 a year. The US average is $37,638 a year.
- The Median household income of a Medford (zip 54451) resident is $58,144 a year. The US average is $69,021 a year.