Monticello, Wisconsin is a small town located between Madison and Milwaukee. It has a population of 53570 people and is known for its affordable living. The average 2 bedroom rental rate in Monticello is $850 compared to the US average of $1,430. Grocery Cost Index in Monticello is 94 versus 100 in the US making living costs quite affordable. Local businesses thriving in this city include Adventure World Playsets, Monticello Vacuum Center, J & J Motorsports, Grandpa's Barn Antiques, and Country Corral Antiques. These companies help to create a strong economy that benefits all residents of Monticello.
Monticello (zip 53570) has an unemployment rate of 4.0%. The US average is 6.0%.
Monticello (zip 53570) 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 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Monticello (zip 53570)
- The Sales Tax Rate for Monticello (zip 53570) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Monticello (zip 53570) 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 Monticello (zip 53570)
- The average income of a Monticello (zip 53570) resident is $40,022 a year. The US average is $37,638 a year.
- The Median household income of a Monticello (zip 53570) resident is $73,421 a year. The US average is $69,021 a year.