Racine, WI 53402 is an attractive area for prospective renters. According to the content, the 2 Bedroom Rent in Racine is $1,040 compared to $1,430 in the US. Grocery Cost Index in Racine is also lower than the US average at 98 versus 100. Major companies located in Racine are Johnson Financial Group, Case New Holland Industrial Equipment and S.C Johnson & Son Inc., providing a broad range of job opportunities for locals.
Racine (zip 53402) has an unemployment rate of 7.7%. The US average is 6.0%.
Racine (zip 53402) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Racine (zip 53402)
- The Sales Tax Rate for Racine (zip 53402) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Racine (zip 53402) 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 Racine (zip 53402)
- The average income of a Racine (zip 53402) resident is $36,639 a year. The US average is $37,638 a year.
- The Median household income of a Racine (zip 53402) resident is $64,759 a year. The US average is $69,021 a year.