Carroll, Iowa is a small and friendly city with a population of 10,251. It is located in the western part of the state and offers many recreational activities for its residents. The cost of living in Carroll is quite affordable compared to other places in the US. Average rent for a two bedroom apartment is $740 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Carroll is 96 versus 100 nationally. There are several local businesses in Carroll such as ACE Hardware, Fareway Stores Inc., and Lundell Manufacturing Company to name a few. All these factors contribute to making Carroll an attractive place to live with an excellent quality of life at a relatively low cost.
Carroll has an unemployment rate of 3.1%. The US average is 6.0%.
Carroll has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Carroll
- The Sales Tax Rate for Carroll is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carroll is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Carroll
- The average income of a Carroll resident is $26,023 a year. The US average is $28,555 a year.
- The Median household income of a Carroll resident is $51,443 a year. The US average is $69,021 a year.