Zip 53168 (Salem, WI) Economy


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53168 Salem, WI is a small community located in Kenosha County. The average two bedroom rent in this area is $1,310 per month which is lower than the US average of $1,430. The grocery cost index for 53168 Salem, WI is 96 compared to the national average of 100. This means that groceries are more affordable in this area than most other places in the United States.
Living in 53168 Salem, WI has many advantages for those looking for an affordable place to live with quality services and amenities. Local businesses such as Mundt’s Hardware Store, JJ Fish & Chicken Restaurant and 54 Motors provide jobs and entertainment for residents. There are also plenty of outdoor activities to enjoy such as fishing at Powers Lake or visiting nearby Petrifying Springs Park. Therefore, making 53168 Salem, WI an ideal place to live and work.

Salem (zip 53168) has an unemployment rate of 5.2%. The US average is 6.0%.

Salem (zip 53168) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.

Tax Rates for Salem (zip 53168)
- The Sales Tax Rate for Salem (zip 53168) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Salem (zip 53168) 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 Salem (zip 53168)
- The average income of a Salem (zip 53168) resident is $28,707 a year. The US average is $28,555 a year.
- The Median household income of a Salem (zip 53168) resident is $86,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalem, WisconsinUnited States
  5.26
  -4.6%-6.2%
  34.1%33.5%
  5.5%6.2%
  6.3%4.6%
  $43,500$37,638
  $86,250$69,021
  $108,391$85,028
  Population by Occupation
  1.8%1.2%
  0.3%0.5%
  14.6%6.8%
  17.5%10.0%
  2.6%2.5%
  11.7%11.0%
  6.0%4.8%
  1.0%0.8%
  0.4%1.9%
  4.2%4.7%
  0.8%1.9%
  4.1%7.6%
  0.3%0.1%
  2.8%4.2%
  7.9%9.3%
  11.4%14.0%
  1.3%2.1%
  4.9%7.0%
  3.1%4.8%
  3.4%4.7%
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