Cleghorn, IA is a medium sized town located in the Northwestern part of the state. It offers a range of amenities and services including an array of local businesses such as the grocery stores Gerd's Grocery and Koffman's Market, hardware store Cleghorn Hardware & Supply Co., furniture store Leucht Furnishings, and restaurants like Cleghorn Café and Bistro on Main. The cost of living in Cleghorn is relatively low compared to other towns in the area with 2 bedroom rent costing $740 while that same cost is much higher across the US at $1,430. Furthermore, the Grocery Cost Index for Cleghorn is 93 versus 100 in the US which further highlights how affordable it can be to live there.
Cleghorn has an unemployment rate of 3.9%. The US average is 6.0%.
Cleghorn has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Cleghorn
- The Sales Tax Rate for Cleghorn is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cleghorn 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 Cleghorn
- The average income of a Cleghorn resident is $26,706 a year. The US average is $28,555 a year.
- The Median household income of a Cleghorn resident is $60,500 a year. The US average is $69,021 a year.