Allison, IA is a small town located in Butler County with a population of 1,039. The cost of living in Allison is lower than the US average. 2 Bedroom rental prices in Allison are $820 per month whereas the US average is $1,430. Grocery costs have an index rating of 93 in Allison compared to 100 in the US. There are several local businesses that serve the community including Feller's Real Estate Agency, Crossroads Family Dentistry and Farmland Cooperative Services. Residents enjoy living in Allison due to its low cost of living and friendly atmosphere.
Allison has an unemployment rate of 4.5%. The US average is 6.0%.
Allison has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Allison
- The Sales Tax Rate for Allison is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Allison 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 Allison
- The average income of a Allison resident is $25,620 a year. The US average is $28,555 a year.
- The Median household income of a Allison resident is $56,667 a year. The US average is $69,021 a year.