54568 Woodruff, WI is a suburb of Minocqua, situated between Lake Minocqua and Trout Lake. The area offers plenty of outdoor activities such as fishing, boating, hiking and snowmobiling. The average 2 bedroom rent in Woodruff is $920 compared to the US average of $1,430 making it an affordable place to live with a great quality of life.
The town is home to several local businesses including the Cosmo Cafe, Poco Loco Mexican restaurant and the Northwoods Pub & Grub. Additionally, in terms of grocery costs, Woodruff has an index score of 95 compared to 100 in the US which makes it a great option for those looking for more affordable options when it comes to groceries.
Overall, living in 54568 Woodruff WI provides a much lower cost of living than what is found on average throughout the US while still offering access to great local restaurants and outdoor activities year round.
Woodruff (zip 54568) has an unemployment rate of 6.6%. The US average is 6.0%.
Woodruff (zip 54568) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Woodruff (zip 54568)
- The Sales Tax Rate for Woodruff (zip 54568) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Woodruff (zip 54568) 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 Woodruff (zip 54568)
- The average income of a Woodruff (zip 54568) resident is $24,649 a year. The US average is $28,555 a year.
- The Median household income of a Woodruff (zip 54568) resident is $63,816 a year. The US average is $69,021 a year.