You have probably heard of the popular NFL team, the Green Bay Packers. Their home is none other than Green Bay, a city in Wisconsin that’s located near the shore of Lake Michigan. With nearly 105,000 residents, Green Bay is the third-largest city in the state.
Green Bay is a part of Brown County and is recognized as an important industrial location in the state. The city has been nicknamed the “Toilet Paper Capital of the World” since it’s the home of many important paper manufacturing businesses, such as Georgia-Pacific and Procter & Gamble.
Some of the largest employers in the city include Humana, Bellin Health, and Schneider National, and its most important industries are manufacturing (including major paper, packaging, and agricultural industrial facilities), along with insurance, accommodation, food services, and retail.
At the end of 2018, Green Bay’s annual Gross Domestic Product was nearly $21 billion, almost doubling since 2002. Additionally, the city’s active workforce consists of approximately 53,000 employees, and at least 19% of them are employed by manufacturing businesses.
Almost 43,000 households call the city home, and the median household income was $47,797 during 2018. Furthermore, the median property value in the city is around $127,000, which is nearly half of the median for the entire state ($202,000). This makes Green Bay an attractive location for families looking to buy their first home and settle down.
For Green Bay residents, a personal loan could be a potentially convenient tool to cover sudden expenses or budget gaps that may be affecting their financial wellbeing. If you happen to be looking for an alternative to fulfill certain financial needs, keep reading to learn more about personal loans online in Green Bay and how you can apply for one.