54550 Montreal, WI is a small town located in the northern part of Wisconsin. The population is approximately 1,000 people and it offers a quiet and friendly atmosphere to its residents. In terms of cost of living, the average two-bedroom rent in the area is $830 which is significantly lower than the US average of $1,430. Additionally, groceries are cheaper in 54550 Montreal with an index score of 92 compared to 100 in the US.
The local economy is mainly driven by agriculture and tourism as well as some manufacturing industries such as paper mills and furniture production. There are also a few companies providing services in healthcare and retailing. The job market in 54550 Montreal is quite diverse with many opportunities available both for full-time and part-time positions. Companies such as Meek Millwork Inc., Fennimore Feeds & Supply Co., Health First Chiropractic LLC., and Monty's Grocery provide a wide range of employment options for residents seeking to stay close to home or relocate to the area.
Montreal (zip 54550) has an unemployment rate of 9.1%. The US average is 6.0%.
Montreal (zip 54550) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Montreal (zip 54550)
- The Sales Tax Rate for Montreal (zip 54550) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Montreal (zip 54550) 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 Montreal (zip 54550)
- The average income of a Montreal (zip 54550) resident is $29,318 a year. The US average is $37,638 a year.
- The Median household income of a Montreal (zip 54550) resident is $49,688 a year. The US average is $69,021 a year.