Decorah, IA is a small city located in the Upper Midwest region of the United States. It is well-known for its vibrant outdoor life, and is home to beautiful lakes, rivers, and trails. In Decorah, the average rent for a two bedroom apartment is $810 while the national average is $1,430. Additionally, the Grocery Cost Index in Decorah is 98 versus 100 nationally. This makes it an affordable place to live compared to other cities across America.
Decorah boasts many local businesses that contribute to its unique culture. These include popular restaurants like Rubaiyat, Hometown Family Dining, Rubaiyat Express, and Burrito Loco; retailers such as The Book Loft and Kephart Clothing; and breweries like Pulpit Rock Brewing Company. All of these businesses work together to create an exciting atmosphere for locals and visitors alike.
Decorah has an unemployment rate of 5.3%. The US average is 6.0%.
Decorah has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Decorah
- The Sales Tax Rate for Decorah is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Decorah 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 Decorah
- The average income of a Decorah resident is $22,655 a year. The US average is $28,555 a year.
- The Median household income of a Decorah resident is $55,480 a year. The US average is $69,021 a year.