Zip 54494 (Wisconsin Rapids, WI) Economy


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54494 Wisconsin Rapids, WI is a vibrant city with plenty of opportunities for residents to live. The average two-bedroom rent in this city is $840, which is significantly lower than the national average of $1,430. This makes living in this city more affordable than other areas in the United States. In addition to having an affordable cost of living, Wisconsin Rapids also offers some great local businesses to help residents have access to the products and services they need. Popular stores include Shopko, Walmart Supercenter, and Hansen's IGA Supermarket. When looking at affordability indices here, Grocery Cost Index in this city is 91 versus 100 in the US, making it even more affordable than other areas in America for basic necessities. In conclusion, 54494 Wisconsin Rapids provides plenty of opportunity at an affordable cost for individuals looking for a new place to live.

Wisconsin Rapids (zip 54494) has an unemployment rate of 5.8%. The US average is 6.0%.

Wisconsin Rapids (zip 54494) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Wisconsin Rapids (zip 54494)
- The Sales Tax Rate for Wisconsin Rapids (zip 54494) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wisconsin Rapids (zip 54494) 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 Wisconsin Rapids (zip 54494)
- The average income of a Wisconsin Rapids (zip 54494) resident is $33,878 a year. The US average is $37,638 a year.
- The Median household income of a Wisconsin Rapids (zip 54494) resident is $61,148 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWisconsin Rapids, WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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