Somerset, Wisconsin (54025) is a great place for those looking for affordable housing and grocery costs. The average rent for a two bedroom apartment in Somerset is $1,200 compared to the US average of $1,430. Grocery costs are also lower here, with a Grocery Cost Index of 102 compared to 100 in the US. This makes Somerset an ideal place for families on a budget. There are also plenty of local companies and services that make living in Somerset easier. There are supermarkets like Festival Foods and Kwik Trip, banks like Somerset State Bank and Wells Fargo Bank, as well as medical facilities like Dells Urgent Care Center and Divine Savior Healthcare. All these services make living in Somerset an enjoyable experience.
Somerset (zip 54025) has an unemployment rate of 4.5%. The US average is 6.0%.
Somerset (zip 54025) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Somerset (zip 54025)
- The Sales Tax Rate for Somerset (zip 54025) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Somerset (zip 54025) 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 Somerset (zip 54025)
- The average income of a Somerset (zip 54025) resident is $25,667 a year. The US average is $28,555 a year.
- The Median household income of a Somerset (zip 54025) resident is $79,051 a year. The US average is $69,021 a year.