Income Reality in Wisconsin — Taxes, Housing & Salary

Affordable, above-average tax, manufacturing hub

Data: 2026-Q2 · BLS · HUD · KFF
Cost of Living Index
93
Median Household Income
$77,488
State Income Tax
7.65% top rate
Median Rent
$1,500/mo

Income tax overview

Wisconsin has a top income tax rate of 7.65%.

Housing snapshot

Median 1BR rent in Milwaukee is approximately $1,000 and Madison approximately $1,200.

Cost of living summary

At an index of 93, Wisconsin is about 7% cheaper than the national average of 100.

Wisconsin offers affordable living with a moderately high income tax. Milwaukee and Madison are the major urban centers with growing tech and healthcare sectors.

Major cities

Chicago

1BR $1,581/mo

Minneapolis

1BR $1,405/mo

Salary reality examples

$60-80k

Comfortable in Milwaukee and Madison. Low housing costs are the key advantage.

$80-100k

Good purchasing power despite moderately high tax rate.

$100-130k

Comfortable statewide. Wisconsin's low housing costs allow solid savings.

FAQ

FAQ — Income Reality in Wisconsin

What is Wisconsin's income tax rate?

Wisconsin has a top income tax rate of 7.65% on income over $280,950 (single). Middle incomes face rates of 5.3-6.27%.

Is Wisconsin affordable?

Yes. Wisconsin has a cost of living index of 93, about 7% below the national average.

Related tools

City Comparison Salary Equivalency

Cost of Living Index from C2ER. This is a picture, not a verdict.

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.