Hancock, IA County is an ideal location for those who are looking for affordable living. The county's two bedroom rent is $800, which is significantly lower than the US average of $1,430. Furthermore, the grocery cost index in Hancock is 92 versus 100 in the US. This makes it an ideal spot to settle down and enjoy a comfortable life without having to break the bank. Hancock is home to many local companies such as Jones Trucking Co., Donahue Construction, Davenport Motors, and Dasco Design Group. Each of these businesses provides quality services to residents of Hancock County and offer a wide range of job opportunities for people looking to start their career or build on their current skillset.
Hancock County has an unemployment rate of 3.8%. The US average is 6.0%.
Hancock County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Hancock County
- The Sales Tax Rate for Hancock County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hancock County is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hancock County
- The average income of a Hancock County resident is $31,996 a year. The US average is $37,638 a year.
- The Median household income of a Hancock County resident is $64,730 a year. The US average is $69,021 a year.