Watertown, Wisconsin (53094) is a charming small town with plenty of local amenities to offer. Residents can enjoy the great outdoor recreation opportunities provided by the nearby Lake Ripley, or take a stroll through downtown and check out some of the unique shops and restaurants. The cost of living in Watertown is favorable compared to other parts of the country, with 2 bedroom rent coming in at just $1,000 per month while the US average is $1,430. Grocery cost index is also considerably lower than the national average at 95 compared to 100 in the US.
When it comes to companies located in Watertown, there are plenty to choose from. Popular local businesses include Manderfield's Home Bakery, J&J Painting Plus Inc., Watertown Regional Medical Center and Paul Knapp Insurance Agency. Whether you're looking for employment or wanting to find something fun to do on a weekend, Watertown has it all!
Watertown (zip 53094) has an unemployment rate of 4.4%. The US average is 6.0%.
Watertown (zip 53094) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Watertown (zip 53094)
- The Sales Tax Rate for Watertown (zip 53094) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Watertown (zip 53094) 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 Watertown (zip 53094)
- The average income of a Watertown (zip 53094) resident is $22,940 a year. The US average is $28,555 a year.
- The Median household income of a Watertown (zip 53094) resident is $64,027 a year. The US average is $69,021 a year.