Zip 54861 (New Odanah, WI) Economy


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United States / Wisconsin / No Metro Area / Ashland County / New Odanah / New Odanah (zip 54861)
\n54861 New Odanah, WI is a small and friendly town located in Ashland County. It has a population of only 227 people, which makes it an ideal place to live for those who value peace and quiet. The average rent for a two bedroom residence is $850, which is significantly lower than the US average at $1,430. Grocery prices in the area are also much lower than the national average, with an index of 90 versus 100 in the US.
For entertainment or other amenities, 54861 New Odanah offers a variety of attractions. There are several local companies such as K & L Construction and Lake Superior Automotive that provide employment opportunities to residents. Those looking for fun can explore the nearby Saxon Harbor Marina or take a trip to Bad River Casino & Lodge. There are also numerous outdoor activities including fishing and camping available in the area that make 54861 New Odanah an excellent place to live.

New Odanah (zip 54861) has an unemployment rate of 6.5%. The US average is 6.0%.

New Odanah (zip 54861) has seen the job market increase by 0.9% 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 New Odanah (zip 54861)
- The Sales Tax Rate for New Odanah (zip 54861) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Odanah (zip 54861) 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 New Odanah (zip 54861)
- The average income of a New Odanah (zip 54861) resident is $14,275 a year. The US average is $28,555 a year.
- The Median household income of a New Odanah (zip 54861) resident is $67,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Odanah, WisconsinUnited States
  6.56
  -5.9%-6.2%
  31.6%33.5%
  5.5%6.2%
  6.3%4.6%
  $20,460$37,638
  $67,500$69,021
  $70,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.3%6.8%
  2.3%10.0%
  0.0%2.5%
  10.2%11.0%
  0.0%4.8%
  4.7%0.8%
  2.3%1.9%
  0.0%4.7%
  0.0%1.9%
  4.7%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  6.3%14.0%
  8.6%2.1%
  29.7%7.0%
  0.0%4.8%
  25.0%4.7%
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