Blanchard, IA is a small city located in the Midwest that consists of rural living and modern amenities. Residents of Blanchard enjoy reasonable rent prices, with an average 2 bedroom rate of $720 compared to the US average rate of $1,430. The Grocery Cost Index in Blanchard is also 93 versus 100 in the US, making it cheaper for local residents to purchase groceries. Along with low living costs, Blanchard is home to various local businesses such as Sandbulte Grain & Feed, James Express Mart, Keg Creek Brewery & Restaurant and more.
Blanchard has an unemployment rate of 4.0%. The US average is 6.0%.
Blanchard has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Blanchard
- The Sales Tax Rate for Blanchard is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Blanchard 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 Blanchard
- The average income of a Blanchard resident is $22,759 a year. The US average is $28,555 a year.
- The Median household income of a Blanchard resident is $39,583 a year. The US average is $69,021 a year.