Adair, IA Economy


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United States / Iowa / No Metro Area / Adair County / Adair / Zip Codes
Adair, IA is a small town located in the state of Iowa. It has a population of around 1,270 people as of 2019 and is located close to Des Moines. Adair is known for its low cost of living, with an average two bedroom rent at $970 compared to the US average of $1430. In addition to low rent prices, Adair also has relatively lower grocery costs with the Grocery Cost Index coming in at 95 versus 100 in the US. Many local companies are based in Adair such as RKI Engineering & Manufacturing and Adair Development Corporation. The local Department of Transportation also offers public transportation within the area to connect residents to neighboring towns. With its cheap cost of living and pleasant atmosphere, Adair is a great place to live in Iowa.

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

Adair has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Adair
- The Sales Tax Rate for Adair is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Adair 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 Adair
- The average income of a Adair resident is $24,985 a year. The US average is $28,555 a year.
- The Median household income of a Adair resident is $49,423 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAdair, IowaUnited States
  3.16
  -4.5%-6.2%
  24.2%33.5%
  7.0%6.2%
  7.4%4.6%
  $26,646$37,638
  $49,423$69,021
  $69,417$85,028
  Population by Occupation
  3.1%1.2%
  0.7%0.5%
  8.2%6.8%
  16.4%10.0%
  7.0%2.5%
  14.2%11.0%
  1.9%4.8%
  1.4%0.8%
  0.0%1.9%
  7.0%4.7%
  1.4%1.9%
  2.2%7.6%
  0.5%0.1%
  2.2%4.2%
  7.0%9.3%
  10.8%14.0%
  1.4%2.1%
  8.9%7.0%
  4.6%4.8%
  1.0%4.7%
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