Clio, IA is a small town with a population of about 500 people. It is known for its low cost of living, with an average two bedroom rent price of $730 compared to the US average of $1,430. Groceries also cost less in Clio, with a grocery cost index of 92 compared to 100 in the US.
Clio is home to several local businesses such as the Bloomfield Insurance Agency, Clio Auto Repair shop and the Clio Family Grocery Store. Tourists can enjoy visiting natural attractions such as Otter Creek Lake and Cedar Valley Nature Trail, or stop by the local historical museum for some interesting history about Clio's past.
Clio has an unemployment rate of 3.6%. The US average is 6.0%.
Clio has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Clio
- The Sales Tax Rate for Clio is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clio 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 Clio
- The average income of a Clio resident is $23,534 a year. The US average is $28,555 a year.
- The Median household income of a Clio resident is $60,000 a year. The US average is $69,021 a year.