Zip 54552 (Park Falls, WI) Economy


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United States / Wisconsin / No Metro Area / Price County / Park Falls / Park Falls (zip 54552)
Park Falls, WI (54552) is a great option for those looking for an affordable housing location. With a two bedroom rent of $820, it is substantially lower than the US national average of $1,430. Furthermore, the grocery cost index in Park Falls is 90 compared to 100 in the US. There are many local companies that make this city their home such as Gruenke's Wholesale Meats Inc., Woodland Development Corporation, and Healthcare Centers of Northwood. Park Falls has much to offer its residents and visitors alike with its many parks and recreation areas including Flambeau River State Forest and High Falls Flowage County Park. Whether you are looking for a place to call home or simply to visit, Park Falls should be on your list.

Park Falls (zip 54552) has an unemployment rate of 5.2%. The US average is 6.0%.

Park Falls (zip 54552) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Park Falls (zip 54552)
- The Sales Tax Rate for Park Falls (zip 54552) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Park Falls (zip 54552) 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 Park Falls (zip 54552)
- The average income of a Park Falls (zip 54552) resident is $25,875 a year. The US average is $28,555 a year.
- The Median household income of a Park Falls (zip 54552) resident is $49,514 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPark Falls, WisconsinUnited States
  5.26
  -5.9%-6.2%
  24.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $32,407$37,638
  $49,514$69,021
  $66,351$85,028
  Population by Occupation
  2.1%1.2%
  0.1%0.5%
  7.4%6.8%
  27.4%10.0%
  1.4%2.5%
  7.3%11.0%
  3.9%4.8%
  0.8%0.8%
  0.9%1.9%
  5.0%4.7%
  3.7%1.9%
  2.6%7.6%
  0.0%0.1%
  3.8%4.2%
  5.1%9.3%
  13.7%14.0%
  1.0%2.1%
  7.2%7.0%
  3.4%4.8%
  3.2%4.7%
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