The city of Waukesha, Wisconsin (zip code 53186) offers a cost of living that is substantially lower than the national average. The median two-bedroom rent in Waukesha is $1,130, compared to the national two-bedroom rent of $1,430. Additionally, the Grocery Cost Index in Waukesha is 97 versus 100 in the US, meaning it's slightly cheaper to buy groceries in Waukesha compared to other areas. This makes Waukesha an affordable place to live for those looking for a comfortable lifestyle without breaking their budget.
Waukesha has many local companies that contribute to its economy such as Briggs & Stratton Corporation, Generac Power Systems Inc., and Modine Manufacturing Company. These firms provide job opportunities for locals and contribute positively to the city's economy. As a result of these local companies providing competitive wages and low cost of living expenses such as rent and groceries, Waukesha is able to keep its Grocery Cost Index at 97 compared to the US average of 100.
Waukesha (zip 53186) has an unemployment rate of 4.3%. The US average is 6.0%.
Waukesha (zip 53186) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Waukesha (zip 53186)
- The Sales Tax Rate for Waukesha (zip 53186) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Waukesha (zip 53186) 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 Waukesha (zip 53186)
- The average income of a Waukesha (zip 53186) resident is $35,635 a year. The US average is $37,638 a year.
- The Median household income of a Waukesha (zip 53186) resident is $65,112 a year. The US average is $69,021 a year.