53098 Watertown, WI is an excellent place to live with a high quality of life in a friendly small town atmosphere. The average 2 bedroom rent in this area is $930, making it much more affordable than the US average of $1,430. The grocery cost index for 53098 Watertown is 95 compared to 100 in the US, which is another advantage when considering the cost of living. Several local companies and businesses are located here such as Pizza Ranch, Wells Financial Services and D&R Autosports. All of these offer excellent employment opportunities for those who would like to live and work in this area. With its low cost of living and many employment options available, 53098 Watertown, WI is an ideal location for people looking for a comfortable lifestyle in a beautiful part of Wisconsin.
Watertown (zip 53098) has an unemployment rate of 4.3%. The US average is 6.0%.
Watertown (zip 53098) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Watertown (zip 53098)
- The Sales Tax Rate for Watertown (zip 53098) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Watertown (zip 53098) 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 53098)
- The average income of a Watertown (zip 53098) resident is $31,901 a year. The US average is $37,638 a year.
- The Median household income of a Watertown (zip 53098) resident is $63,795 a year. The US average is $69,021 a year.