Richfield, WI's Data
About Richfield, WI's
Richfield is a village located in Washington County, Wisconsin, United States. It was incorporated from the unincorporated town of Richfield on November 6, 2008. This area, characterized by its blend of rural and suburban landscapes, is situated near the larger city of Milwaukee, providing a quiet yet connected lifestyle for its residents. The village's history is rooted in agriculture, but it has grown to include a variety of residential communities and local businesses.
Things To Do in Richfield, WI
Hike: Here are a couple of local trails to check out!
Local Attractions in Richfield, WI
Holy Hill National Shrine of Mary - A historic Roman Catholic shrine with a scenic overlook and architectural significance.
Richfield Historical Park - Offers a glimpse into the village's past with historic buildings and annual events.
Hubertus Wildlife Area - A popular spot for hiking, bird watching, and enjoying natural Wisconsin landscapes.
Richfield Nature Park - Features walking trails, educational programs, and community events.
Skiing at Little Switzerland - A nearby ski resort offering slopes for all skill levels and seasonal activities.
The Economy of Richfield, WI
The economy of Richfield, WI, is primarily driven by local businesses and services that cater to the needs of its residents. The village's proximity to Milwaukee allows for a commuter-based workforce, contributing to the local economy through retail and service industries. Additionally, Richfield has seen a growth in real estate development, making it an attractive location for new residents looking for suburban comfort close to urban amenities.
Richfield, WI Inflation
Understanding the BLS and Inflation in Richfield, WI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Richfield, WI. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Richfield, WI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Richfield, WI using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Richfield, WI when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Richfield, WI
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