Average Salary in Wisconsin (WI)

Wisconsin's $72,458 median household income is slightly above the national average, and the cost-of-living index of 93 gives households reasonably strong effective purchasing power. The economy is surprisingly diverse for a state often labelled agricultural. Milwaukee anchors a financial-services and industrial cluster (Northwestern Mutual, Harley-Davidson, Rockwell Automation, Johnson Controls headquarters). Madison is one of the fastest-growing knowledge-economy markets in the Midwest, driven by the University of Wisconsin, state government, and most notably Epic Systems — the electronic health records company based in Verona that has grown to more than 13,000 employees and handles records for over half of US healthcare interactions. Agriculture remains economically meaningful (Wisconsin leads the US in cheese production and is second in overall dairy output). State income tax ranges from 3.54% to 7.65% across four brackets. The $7.25/hour minimum wage remains at the federal floor — Wisconsin is unusual among Midwestern states in not having raised its floor above federal levels. Property taxes are moderate. Wisconsin has no estate or inheritance tax. The Fox Valley, around Appleton and Green Bay, is a separate manufacturing-and-paper-industry economy with its own labour market dynamics. Full data follows.