Racine, WI 53403 is a great small city located on Lake Michigan offers many amenities for people who call it home. The two bedroom rent in Racine is $1,010 which is lower than the US average of $1,430. Grocery cost index in Racine is also below the national average at 96 versus 100 in US. Local companies such as S.C Johnson & Son, Snap-on Incorporated and Jockey International are just some of the thriving businesses located in Racine Wisconsin. Additionally, residents are within close proximity to the lake for swimming and fishing, local parks for spending time outdoors and an amazing downtown area with restaurants and shopping centers. All these amenities make Racine a great place to live!
Racine (zip 53403) has an unemployment rate of 7.7%. The US average is 6.0%.
Racine (zip 53403) 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 53403)
- The Sales Tax Rate for Racine (zip 53403) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Racine (zip 53403) 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 53403)
- The average income of a Racine (zip 53403) resident is $27,639 a year. The US average is $37,638 a year.
- The Median household income of a Racine (zip 53403) resident is $51,420 a year. The US average is $69,021 a year.