Barnes City, IA is a small city located in the Midwest. The cost of living in Barnes City is quite affordable, with average 2 bedroom rent only at $710 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Barnes City is 92 versus 100 for the US as a whole.
The city has several popular local companies and amenities including ABC Corner Store, Big Bob's Diner, and Joe's Bar & Grill. Barnes City also offers several parks, trails, and outdoor activities such as fishing and boating. Additionally, there are numerous shops and restaurants to explore. All of these factors make Barnes City an ideal place to live or visit.
Barnes City has an unemployment rate of 3.9%. The US average is 6.0%.
Barnes City has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Barnes City
- The Sales Tax Rate for Barnes City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Barnes City 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 Barnes City
- The average income of a Barnes City resident is $13,803 a year. The US average is $28,555 a year.
- The Median household income of a Barnes City resident is $40,250 a year. The US average is $69,021 a year.