Chatsworth, IA is a small rural town located in the Midwest. It has a tight-knit community of residents who enjoy the peacefulness of small-town living. Rent for two bedroom apartments in this area are much more affordable than the national average - at $820 per month - making it an attractive option for those who may not want to spend too much on housing. The grocery cost index in Chatsworth is also lower than the national average, which can be beneficial for families on a budget. There are numerous local businesses in Chatsworth, such as Country Feeds & Fertilizer, West Central Electric Cooperative and Miller’s Mini Mart that contribute to the town’s economy.
Chatsworth has an unemployment rate of 3.0%. The US average is 6.0%.
Chatsworth has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Chatsworth
- The Sales Tax Rate for Chatsworth is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chatsworth 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 Chatsworth
- The average income of a Chatsworth resident is $21,976 a year. The US average is $28,555 a year.
- The Median household income of a Chatsworth resident is $43,750 a year. The US average is $69,021 a year.