Cylinder, IA is a small town in the Midwest with a population of around 500 people. It is known for its affordability and convenience to larger cities. The average rent for a two bedroom apartment in Cylinder is only $790 per month which is significantly cheaper than the national average of $1,430. Additionally, its Grocery Cost Index (GCCI) of 93 makes it much more affordable than other areas with a US GCCI of 100.
Local companies in Cylinder include the local hardware store, O'Brien's Home Supply, and the family-run Clover Leaf Dairy. There are also two restaurants in town – Little Italy Pizzeria and The Village Café – that offer homemade food to locals and visitors alike. Other interesting facts about Cylinder include an annual fishing derby on Lake McGregor and an active rec center that offers various activities such as basketball, tennis, swimming lessons, and more.
Cylinder has an unemployment rate of 3.6%. The US average is 6.0%.
Cylinder has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Cylinder
- The Sales Tax Rate for Cylinder is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cylinder 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 Cylinder
- The average income of a Cylinder resident is $25,759 a year. The US average is $28,555 a year.
- The Median household income of a Cylinder resident is $88,125 a year. The US average is $69,021 a year.