Denison, IA is a vibrant city located in Crawford County. It has a strong and diverse economy, giving its citizens many opportunities for employment. The cost of living is lower than the US average allowing residents to save more of their income. For example, the 2 bedroom rent in Denison is $810 compared to $1,430 nationally. Additionally, groceries are 5% less expensive than the national average. These economic benefits make Denison a great place to live and work for families and individuals alike. Local companies include Fareway Grocery Stores, Lillibridge Health Care Services, and First National Bank Iowa. All three of these businesses have been serving customers in Denison and surrounding communities for over fifty years.
Denison has an unemployment rate of 5.8%. The US average is 6.0%.
Denison has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 7.4%, which is lower than the US average of 33.5%.
Tax Rates for Denison
- The Sales Tax Rate for Denison is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Denison 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 Denison
- The average income of a Denison resident is $19,710 a year. The US average is $28,555 a year.
- The Median household income of a Denison resident is $45,204 a year. The US average is $69,021 a year.