Zip 54022 (River Falls, WI) Economy


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River Falls, WI (54022) is an ideal place to live for those looking for a small town atmosphere with plenty of amenities. The two bedroom rent in the area is $1,220, which is significantly lower than the nationwide average of $1,430. Additionally, River Falls has a grocery cost index of 100, making the costs of daily necessities comparable to the US as a whole.
The town of River Falls offers quiet residential neighborhoods and plenty of recreational activities including nearby parks and outdoor spaces. There are also many local businesses located in the area such as Cottage Cafe & Catering Company, River Valley Bank, and American Family Insurance. These companies provide quality services to area residents that can help to make life more comfortable and convenient.

River Falls (zip 54022) has an unemployment rate of 4.6%. The US average is 6.0%.

River Falls (zip 54022) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.

Tax Rates for River Falls (zip 54022)
- The Sales Tax Rate for River Falls (zip 54022) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for River Falls (zip 54022) 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 River Falls (zip 54022)
- The average income of a River Falls (zip 54022) resident is $28,386 a year. The US average is $28,555 a year.
- The Median household income of a River Falls (zip 54022) resident is $79,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiver Falls, WisconsinUnited States
  4.66
  -5.5%-6.2%
  38.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $37,349$37,638
  $79,830$69,021
  $107,234$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  5.5%6.8%
  14.2%10.0%
  3.0%2.5%
  12.7%11.0%
  3.0%4.8%
  0.3%0.8%
  1.2%1.9%
  5.0%4.7%
  0.8%1.9%
  4.5%7.6%
  0.2%0.1%
  1.9%4.2%
  12.5%9.3%
  15.9%14.0%
  1.5%2.1%
  7.6%7.0%
  4.1%4.8%
  3.5%4.7%
Health