Clemons, IA Economy


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Clemons, IA is a small city located in the midwest with a peaceful atmosphere and many natural attractions. The city is home to several major companies such as Liberty Financial Group and Kirschbaum Industries. It also has a number of small, locally-owned businesses that cater to the community. The cost of living in Clemons is significantly lower than the US average. For example, 2 bedroom rents costs are $830 compared to $1,430 in the US. Similarly, grocery costs index is 91 versus 100 in the US making it another area where locals can save money. All these factors make Clemons an attractive prospect for those seeking an affordable place to live and work.

Clemons has an unemployment rate of 7.8%. The US average is 6.0%.

Clemons has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.

Tax Rates for Clemons
- The Sales Tax Rate for Clemons is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clemons 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 Clemons
- The average income of a Clemons resident is $22,746 a year. The US average is $28,555 a year.
- The Median household income of a Clemons resident is $82,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClemons, IowaUnited States
  7.86
  -5.9%-6.2%
  10.3%33.5%
  7.0%6.2%
  7.4%4.6%
  $31,652$37,638
  $82,083$69,021
  $98,125$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.5%6.8%
  14.3%10.0%
  1.0%2.5%
  14.3%11.0%
  4.8%4.8%
  4.8%0.8%
  1.9%1.9%
  5.7%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  0.0%4.2%
  15.2%9.3%
  15.2%14.0%
  0.0%2.1%
  4.8%7.0%
  1.0%4.8%
  5.7%4.7%
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