Zip 53960 (Rio, WI) Economy


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Rio, Wisconsin (53960) is a small town located in Columbia County with fewer than 700 residents. The cost of living here is more affordable than the United States average, with a two-bedroom rent for $1,060 compared to the US average of $1,430. Grocery costs are also lower here, with an index score of 94 compared to 100 in the US.
Rio's local businesses range from specialty shops like Cottage Crafts & Gifts and Countryside Pet Supply to restaurants such as P&J's Bar & Grill and Rio Family Restaurant. There are also a few service providers like Bio-Reel Septic Service and Bauknecht Tree Farms. With its low cost of living and variety of local businesses, Rio is an affordable place that provides residents with just about everything they need for day-to-day life.

Rio (zip 53960) has an unemployment rate of 4.6%. The US average is 6.0%.

Rio (zip 53960) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Rio (zip 53960)
- The Sales Tax Rate for Rio (zip 53960) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rio (zip 53960) 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 Rio (zip 53960)
- The average income of a Rio (zip 53960) resident is $27,718 a year. The US average is $28,555 a year.
- The Median household income of a Rio (zip 53960) resident is $69,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRio, WisconsinUnited States
  4.66
  -3.8%-6.2%
  36.1%33.5%
  5.5%6.2%
  6.3%4.6%
  $36,801$37,638
  $69,196$69,021
  $87,000$85,028
  Population by Occupation
  6.5%1.2%
  0.1%0.5%
  9.6%6.8%
  20.0%10.0%
  2.3%2.5%
  8.7%11.0%
  4.7%4.8%
  3.4%0.8%
  0.8%1.9%
  4.6%4.7%
  0.8%1.9%
  3.9%7.6%
  0.1%0.1%
  1.6%4.2%
  5.8%9.3%
  11.1%14.0%
  0.5%2.1%
  5.7%7.0%
  6.4%4.8%
  3.3%4.7%
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