Carroll County, IA Economy


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United States / Iowa / No Metro Area / Carroll County / Cities / Zip Codes
Carroll, IA County is a great place to live and work. The 2 bedroom rent in Carroll is much more affordable than in the US, making it an attractive option for those on a tight budget. In addition to being affordable, the cost of living in Carroll is lower than average due to its Grocery Cost Index of 94 compared to the US index of 100. This means that residents can get more for their money when they shop in Carroll. There are many local companies based in Carroll such as Honey Creek Corporation, Buckle-Down Inc., and Martin-Brower Company that provide employment opportunities for residents.

Carroll County has an unemployment rate of 3.1%. The US average is 6.0%.

Carroll County 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 County
- The Sales Tax Rate for Carroll County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carroll County 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 County
- The average income of a Carroll County resident is $26,479 a year. The US average is $28,555 a year.
- The Median household income of a Carroll County resident is $61,157 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarroll, IowaUnited States
  3.16
  -6.6%-6.2%
  21.2%33.5%
  7.0%6.2%
  7.5%4.6%
  $33,416$37,638
  $61,157$69,021
  $80,214$85,028
  Population by Occupation
  7.9%1.2%
  0.1%0.5%
  7.1%6.8%
  15.5%10.0%
  5.2%2.5%
  11.4%11.0%
  5.9%4.8%
  0.5%0.8%
  0.7%1.9%
  5.4%4.7%
  0.7%1.9%
  2.1%7.6%
  0.2%0.1%
  1.9%4.2%
  7.9%9.3%
  15.6%14.0%
  0.6%2.1%
  4.3%7.0%
  3.9%4.8%
  3.1%4.7%
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