Rib Lake Invites New Businesses to Succeed
The Village of Rib Lake has a growing and vibrant tourist economy, complementing long-standing businesses such as the Great Northern Cabinetry, Rib Lake Health Services, Wisco Stone and the True Value Hardware Store which have been serving our community for generations. Forest Springs Camp and Conference Center is also located just outside of the Village limits serving as the largest employer in the community. They alone draw in thousands of visitors each year. Rib Lake has abundant natural resources including the Ice Age Trail, many forests, and numerous lakes. We also have a strong service economy including a selection of restaurants, lodging, and camping. Yet, there are still many unmet needs in our service industry.
These services are in high demand in the area. They have a proven track record of success in Rib Lake. However, many of the previous owners have since retired. The void is deeply felt in the community.
Grocery Store
Health Clinics including Family Doctor or RN
Dentist
Daycare
Electrician
Barber Shop
Wood Product Manufacturer
Furniture Manufacturer
Saw Mill
IT and computer services
Housing Developer
House Painters
Underserved Businesses
Dry Wallers
Surveyors
Acupuncturist
Cleaning Services
Delivery Services from nearby towns
Chiropractor
Small Engine Repair
Accountant or Bookkeepers
Pet Grooming & Boarding
VRBO rentals
Veterinary Office
Tutoring Business
Art & Music Lessons
Other Small Business Ideas
Freelancers
Virtual Assistants
Writers
Youtubers
Podcasters
Art Studios
Furniture Restoration
Outdoor Tour Guides
Tiny Home Builders
Law Firms
Yoga Instructor
Shipping Facility
Natural Resources Can Drive Your Business Success
By partnering with other successful businesses in your industry, you can access top-quality resources to fuel your operations. If your business relies on timber products from logging communities, then Rib Lake is a great place to realize your business dream! Our timber industry is the foundation of Rib Lake’s roots and still a strong local industry. It is a reliable and renewable resource. The Northern and Central Wisconsin area has large mixed hardwood forests managed on both public and private lands.
Imagine having access to quality saw logs, perfect for crafting high-end furniture, flooring, construction projects and more. Plus, trees grown for paper product production, wood fiber engineering and maple syrup production. Rib Lake’s forest land could help you grow your business feature wood products.
Another value natural resource in the area is our bedrock deposited during the last Ice Age. This resource ensure a steady supply of construction materials from state-of-the-art gravel pits. Sand, gravel and crushed stone are quarried to produce construction materials. These products are used for road construction, concrete, asphalt, landscaping stone and other products. They create building blocks for our homes, businesses, roads, and bridges.
Our abundant Outdoor Recreation areas allow for ample business opportunities. From vacation rentals to guides to retreats to events Rib Lake can be the perfect area to attract outdoor recreation customers.
Agriculture is active in the Rib Lake area. Family-owned farms raise: dairy, cattle, meat animals, poultry, mink, Christmas trees, nursery products, crops and timber. Rib Lake residents benefit not only from their products but also the recreational activities farmers allow across their lands. Agriculture generates thousands of jobs and millions of dollars for Taylor County’s economy.
Community Profile
General Overview
Median Family Income: $42,816
Village Population: 920 (2022 DOA Estimate)
Greater Rib Lake Area Population: 3,250 (Townships in Rib Lake School District)
Village Population by Density: 518 resident per square mile
Greater Rib Lake Area Population by Density: 14 resident per square mile
Median age: 46 years old
Property Tax Rate: $19.32 per 1,000 assessed
Form of Government: Board
Village Race & Demographics Profile
Caucasian alone: 88%
Asian alone: 2%
Hispanic alone: 7%
Two or more races: 2%
Native America alone: <1%
Black alone: <1%
Other: 1%
Location & Climate
Coordinates: Latitude: 45° 18″ 52′ N. Longitude: 90° 11″ 53′ W
Location: 50 miles northwest of Wausau, 150 miles northwest of Green Bay, 240 miles north of Madison, and 180 miles northeast of Minneapolis/St Paul.
Village size: 2.21 Square Miles
Greater Rib Lake Area size: 282 Square Miles
Average rainfall: 32.4"
Average snowfall: 53.2"
Education
Population with no high school diploma: 12%
Population with only high school diploma: 42%
Population with some college: 25%
Population with bachelor’s degree: 12%
Population with post grad degree: 9%
Population high school graduate or higher: 88%
Employment
Common Industries in Taylor County: Manufacturing, retail trade, food services, health care, social assistance, insurance, agriculture and education services. Because of Rib Lake’s proximity to the City of Medford, many Rib Lake residents commute to Medford for employment. Some of Medford’s largest employers include: Nestle Prepared Foods company (600 employees), Weather Shield Windows and Doors (1900 employees), Sierra Pacific Windows (400 employees) and Marathon Cheese Corporation (300 employees).
Unemployment rate: 3.7%
Village Below poverty level: 14.7%
Greater Rib Lake Area Below poverty level: 8.9%
Veterans Populations: 8.8%