Balltown, IA Economy


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Balltown, IA is a small town located in Dubuque County. It is an affordable place to live with the average two bedroom rent costing only $940 while the rest of the United States averages $1,430. The grocery cost index is also equal between Balltown and the US at 100. The town has a few local companies like Balltown Feed & Grain and Balltown Village Woodworking as well as several parks where residents can enjoy spending time outdoors including Wolf Hollow Park, Veterans Memorial Park, and Hazelgreen County Park.

Balltown has an unemployment rate of 4.8%. The US average is 6.0%.

Balltown has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Balltown
- The Sales Tax Rate for Balltown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Balltown 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 Balltown
- The average income of a Balltown resident is $30,702 a year. The US average is $28,555 a year.
- The Median household income of a Balltown resident is $83,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBalltown, IowaUnited States
  4.86
  -6.5%-6.2%
  23.6%33.5%
  7.0%6.2%
  7.4%4.6%
  $36,243$37,638
  $83,750$69,021
  $118,750$85,028
  Population by Occupation
  10.0%1.2%
  0.0%0.5%
  20.0%6.8%
  25.0%10.0%
  0.0%2.5%
  10.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.0%7.6%
  10.0%0.1%
  0.0%4.2%
  10.0%9.3%
  5.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  5.0%4.7%
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