Brayton, IA is a small town located in the Midwest with a population of just over 1,000 people. The cost of living in Brayton is relatively low compared to the US average; 2 bedroom rent is only $800 versus $1,430 across the country. Additionally, the Grocery Cost Index in Brayton is 93 versus 100 elsewhere. Local businesses include Brayton's Food Store, Paul's Home Improvement Store, and Jones Auto Body. Residents can enjoy top-notch service from these companies while maintaining their budget-friendly lifestyle.
Brayton has an unemployment rate of 3.3%. The US average is 6.0%.
Brayton has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Brayton
- The Sales Tax Rate for Brayton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brayton 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 Brayton
- The average income of a Brayton resident is $22,572 a year. The US average is $28,555 a year.
- The Median household income of a Brayton resident is $38,750 a year. The US average is $69,021 a year.